Update: BOJ Keeps Overnight Rate Target in 0% to 0.1% Range as Widely Expected, to Decide at July Meeting Specific Plan for Trimming Asset Purchases in Next 1 to 2 Years
BOJ leaves rates steady, eyes reducing bond holdings
INTERVIEW: Ex-BOJ Policymaker Kiuchi Sees Flexible JGB Purchase Program as Fine-Tuning Tool, Expects Only Gradual Rate Hikes to Below 1%
By Max Sato TOKYO (MaceNews) – The Bank of Japan is likely to maintain its “flexible” Japanese government bond purchase program as a “fine-tuning tool” so it can respond to both upside and downside risks to growth and inflation, instead of clearly reducing JGB buying from the current monthly pace of about ¥6 trillion, Takahide […]
Japan May Producer Prices Jump 2.4% Y/Y After 1.1% Rise in April on Higher Renewable Energy Utility Fees, Global Concerns over Copper Supply
Japan producer prices rise
Japan Q1 GDP Slump Revised Up Slightly to 1.8% from 2.0% Drop as Upward Revision to Private Inventory Buildup Offsets Larger-Than-Expected Export Drop
Japan GDP slightly better in revised report
Japan April Household Spending Posts 1st Y/Y Rise in 14 Months on Higher Education Costs, More Gift Money at Ceremonies; Autos, Package Tours Slip
Japanese household spending rises from year ago
Japan May Tokyo Core CPI Annual Rate Rises to 1.9% on Reduced Utility Subsidies After Falling to 25-Month Low of 1.6% in April due to Free High School Education
Japan CPI accelerates in April, as expected
Japan April Jobless Rate Steady at 2.6% for 2nd Straight Month; Job Cuts Shrink, Fewer People Quit for Other Openings
–Employment Up Y/Y for 21st Straight Month, Led by Hotels, Restaurants; Manufacturing Shed Jobs for 2nd Month in a Row By Max Sato (MaceNews) – Japanese payrolls posted their 21st straight rise on year in April amid labor shortages at hotels, restaurants and telecommunications firms while the unemployment rate was unchanged at 2.6% for the […]
Japan April Retail Sales +2.4% Y/Y Led by Consumer Electronics Amid Hot Weather; Vehicle Sales Decline Slows After Auto Output, Shipments Resumed in March
Japan retail sales gains
Japan April Industrial Production Unexpectedly Slips on Pullback in Aircraft Engine Parts After Sharp Gain; Vehicle Output Also Falls
Japan industrial production falls
Japan Government Keeps Its View on Economic Recovery, Downplaying Q1 GDP Slump as Mainly Caused by Temporary Vehicle Output Suspension
Japan government keeps view on economy