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TOKYO: The Bank of Japan on Thursday trimmed its economic and price forecasts for the current fiscal year but offered an upbeat outlook for a moderate recovery, signalling that it has delivered enough stimulus for the time being.
A Bank of Japan move to launch a digital currency would be conditional on public support, according to a senior BOJ official.
TOKYO: Japan's core consumer prices fell 0.3% in September from a year earlier, marking the second straight month of declines in a sign the coronavirus-induced demand downturn is piling deflationary pressure on the world's third largest economy.
TOKYO: Bank of Japan (BoJ) board member Makoto Sakurai said yesterday the central bank must take “swift and appropriate” action if the coronavirus shock delays the country’s economic recovery.
No single digital currency will dominate global transactions if central banks strive to enhance their own settlement systems, a senior Bank of Japan official said.
TOKYO: The pessimism hanging over Japan's manufacturers lifted slightly in October, suggesting businesses were emerging from the coronavirus pandemic's heavy blow to activity and earnings but at a glacial pace
Japan must swiftly revise laws to allow the central bank to issue a digital currency, a move that could provide a chance to reform the Bank of Japan's existing mandates and enshrine its inflation target, a senior ruling party official said on Oct 12.
TOKYO: The Bank of Japan (BoJ) has raised its economic assessment for most of the country’s nine regions to say they were starting to pick up, underscoring the central bank’s growing conviction the economy is emerging from the worst hit of the coronavirus pandemic.
TOKYO: Japan plans to conduct stress tests on its five major financial institutions this year that look into how the coronavirus pandemic could affect their earnings and capital, the central bank said yesterday
TOKYO (Xinhua): Japanese manufacturers' business sentiment improved in September for the first time since December 2017, the Bank of Japan's (BOJ) quarterly Tankan survey showed Thursday (Oct 1).