Posts Tagged ‘abeconomics’

New BoJ Stimulus Unlikely with Core Inflation Over Target Rate; USDJPY Downtrend

by Christopher Lemieuxon May 30, 2014 12:28 pm BST
Even as data showing consumer consumption in Japan post-tax hike in April and preliminary industrial production declining quickly, the likelihood of continued stimulus from the Bank of Japan (BoJ) is growing unlikely. Inflation data indicated that core inflation year-over-year jumped from 1.3 percent in March to 3.2 percent in April, well above the central bank’s […]

BoJ Quietly Looks For A Way Out While Keeping Rates and Volatility At A Minimum

by Christopher Lemieuxon May 27, 2014 9:20 am BST
The Bank of Japan (BoJ) embarked on a crusade to end deflation last April with a quantitative easing program that, in relation to the size of their economy, is three-times that of the Federal Reserve. However, with consumer prices creeping higher, the central bank will look for methods to keep growth steady while dialing back […]

Additional BoJ Stimulus Unlikely with Inflation on Target; Selective Yen Trading

by Christopher Lemieuxon May 1, 2014 12:42 pm BST
Additional stimulus from the Bank of Japan (BoJ) is unlikely as inflation picks up at its fastest pace since 1992. BoJ officials are quite confident that they will achieve their two percent target and will continue to ease at the current pace even as inflation reaches above two percent. The national reading of inflation has […]

Abe and Kuroda Talk, Uncertain About More QE

by Christopher Lemieuxon April 15, 2014 4:52 pm BST
Japanese Prime Minister Shinzo Abe talked with Bank of Japan (BoJ) Governor Haruhiko Kuroda today, but it is uncertain whether or not the BoJ will take further steps to weaken the yen by purchasing additional assets. The two talked about current economic conditions, and it is widely speculated that a more aggressive stance on stimulus […]