Japan
Fukui's statement to House of Representatives
In a statement before the Committee on Financial Affairs given on 23 March (published 14 April) Toshihiko Fukui of the Bank of Japan said in contrast to a year ago, positive signs are steadily increasing in Japan's economy.
Bank of Japan's Monetary Policy Meeting Minutes
The Bank of Japan released the minutes from its 26 February and 15, 16 March Monetary Policy Meetings on Wednesday 14 April. Minutes from the March meeting showed members felt that the downtrend in prices was slowing and expectation of price declines was…
Bank of Japan Monthly Report, April 2004
The Bank of Japan published its April 2004 Monthly Report of Recent Economic and Financial Developments on 13 April. In the report the BOJ said that the prospects for a sustained economic recovery remained bright.
Fukui pledges to maintain current monetary policy
Bank of Japan governor Toshihiko Fukui reaffirmed to parliament on Tuesday 13 April his commitment to maintain the current super-easy monetary policy framework, until the prolonged deflation comes to an end.
BOJ expected to hold policy unchanged
The Bank of Japan is expected to keep policy unchanged on Friday 9 March following the release of its tankan survey which showed Japan's economic recovery broadening.
Ueda on the role of capital for central banks
In a speech on 'The Role of Capital for Central Banks' given on 25 October (published 27 Feb), Kazuo Ueda of the Bank of Japan said that political-economy constraints in the real world may prevent central banks from fulfilling their responsibility to…
The Japanese Economic Model: JEM
This Bank of Japan Working Paper sets out the Japanese Economic Model, a large macroeconomic model of the Japanese Economy. Although the JEM is a theoretical model it can be used for both projection and simulation analysis.
BoJ's Haru: deflation unlikely to end this year
Bank of Japan (BOJ) Policy Board member Hidehiko Haru has suggested that Japan is unlikely to overcome deflation by the end of 2004, saying greater increases in consumption holds the key to a full economic recovery.
Japanese Tankan report shows signs of improvement
There are further signs of economic recovery in Japan, with a key measure of Japanese business confidence at its highest level in seven years.
Japan denies scrapping yen policy
Japan's Ministry of Finance has taken the unusual step of denying a report on The Times newspaper's website that Japan's campaign to suppress the rise of the yen against the dollar had 'officially' ended.
Japan says will continue currency intervention
Japan's Ministry of Finance (MOF) said on Monday 29 March that it would continue its foreign exchange intervention, brushing aside a British newspaper report that Tokyo would finish its massive intervention into the currency market.
Japan's funny money
The Bank of Japan's recent high-profile presence in the foreign exchange market has attracted enough popular interest to become the latest topic in Golgo 13, a series in the Big Comic magazine targeted at Japanese salarymen.
BOJ's Fukuma says Japan headed for recovery
The Japanese economy appears headed toward a stable recovery, a Bank of Japan policy board member said on Thursday 25 March, as the strong export-led rebound continues.
Fukui repeats deflation pledge
Toshihiko Fukui told Japan's parliament on Tuesday 23 March that the BoJ would continue with its ultra-loose monetary policy until deflation disappears completely in Japan.
Bank of Japan's Monetary Policy Meeting Minutes
Some members of the Bank of Japan Policy Board expressed concerns at a Feb. 4-5 meeting that there were nervous movements in the currency market and that the dollar might depreciate further, according to the meeting's minutes released on Friday 19 March.
BOJ governor Fukui's first year
Toshihiko Fukui completed his first year as governor of the Bank of Japan on Saturday 20 March. This article looks at Fukui's first year as governor of the BOJ and says he has made a difference in dealing with the government and the ruling parties…
Japanese Fin Min praises Fukui's first year
Japan's Finance Minister Sadakazu Tanigaki said on Friday 19 March that Bank of Japan Governor Toshihiko Fukui acted "appropriately and boldly" in his first year as head of the central bank.
Bank of Japan Monthly Report, March 2004
The Bank of Japan published its March 2004 Monthly Report of Recent Economic and Financial Developments on 18 March. In the report the BOJ kept its economic assessment unchanged, saying the economy was in a gradual recovery.
Japanese officials say intervention not over yet
Japanese officials continued their battle with foreign exchange markets on Thursday 18 March as the yen surged against the dollar, warning they will act against sudden moves, but only when necessary.
Japan denies plan to change forex policy
Japanese officials on Tuesday 16 March sought to deflect growing speculation that they could soon scale back their foreign exchange intervention, aimed at preventing a higher yen from stifling an economic recovery.
Fukui says BOJ wants 'favourable money supply'
Bank of Japan Governor Toshihiko Fukui told Parliament on Wednesday 17 March that the central bank wants to achieve "favourable money supply" growth and that the economy hasn't recovered enough to allow the BOJ to adopt an explicit inflation target.
BOJ 'exit strategy' from yen sales - report
The Bank of Japan is considering an 'exit strategy' from its practice of selling yen and buying dollars, the Nihon Keizai newspaper said in the BOJ Watch column of its Tuesday, March 16 edition.
BOJ should adopt inflation target says Nakahara
A former policy board member of the Bank of Japan has said that Toshihiko Fukui should pump more money into the economy and set an inflation target to fight deflation.
Bank of Japan leaves monetary policy unchanged
The Bank of Japan said on Tuesday 16 March that its policy board had decided unanimously to leave its easy monetary policy unchanged at the end of a two-day scheduled meeting.