Outgoing Bank of Japan Governor Haruhiko Kuroda asserted on Friday that the country has made steady progress toward achieving the 2% inflation target.
Speaking to the press ahead of his retirement from the post, Kuroda said the central bank is registering a broadening trend of inflation being...
Bank of Japan Governor Haruhiko Kuroda stated Tuesday that the bank needs to be ready to emit central bank digital currencies (CBDC). According to Kuroda, the measure would help provide the public with a secure digital payment system.
"Ensuring the coexistence of CBDC with various other forms...
Bank of Japan Governor Haruhiko Kuroda stated on Tuesday that it is too early for the BoJ to discuss abandoning its highly accommodative monetary policy stance.
According to Kuroda, a sustainable inflation target has not yet been met, and thus it is premature to consider such an exit. He added...
Outgoing Bank of Japan Governor Haruhiko Kuroda reaffirmed on Friday he is open to further easing monetary policy if necessary. At his final press conference as the governor, Kuroda asserted the Japanese economy is picking up and that monetary stimulus helped it pick up.
Commenting on...
Bank of Japan Governor Haruhiko Kuroda (pictured) stated on Thursday that the central bank intends to stick to its current easy monetary policy, expecting that the government's plan to subsidize household electricity rates will keep inflation down.
Speaking at a G20 event, Kuroda restated his...
The Japanese government is poised to select former Bank of Japan (BoJ) board member Kazuo Ueda as the new central bank governor, Nikkei Asia reported, citing a memo submitted to the parliament on Tuesday.
Ueda would take over from current Governor Haruhiko Kuroda's successor at the...
The government in Japan is eying Bank of Japan (BoJ) Deputy Governor Masayoshi Amamiya as a potential replacement for current governor Haruhiko Kuroda, Nikkei Asia reported, citing people familiar with the matter.
Amamiya was reportedly approached about the issue, although it remains...
Japanese Prime Minister Fumio Kishida on Wednesday said his government will make a decision on who the next central bank governor will be while keeping an eye on any changes to economic trends. He added that Tokyo will pick Governor Haruhiko Kuroda's successor based on the candidate's...
Japanese Prime Minister Fumio Kishida said Sunday that he would take into account the economic situation in April when choosing the next governor of the Bank of Japan (BOJ).
However, the designation needs the approval of both houses of parliament to take effect. Therefore, the administration has...
Bank of Japan (BoJ) Governor Haruhiko Kuroda estimated on Friday that Japanese inflation will be below 2% overall in fiscal 2023. "So we decided to keep the current extremely accommodative monetary policy for the time being," he said, adding that the BoJ hopes wage growth will start...
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