Posts Tagged ‘shinzo abe’

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 […]

The BoJ’s Crusade is Hurting Japanese Consumers

by Christopher Lemieuxon March 28, 2014 11:19 am BST
The Bank of Japan (BoJ) has been on a costly crusade to reach a two percent inflation target after years of slumping prices. However, Japanese consumers are telling the BoJ that the current move in consumer prices are not helping as they keep their wallets closed. Household spending in February fell 2.5 percent year-over-year, falling […]

Wages Lag Inflation For the Japanese

by Christopher Lemieuxon February 6, 2014 6:52 am BST
Japanese base wages, adjusted for inflation, in 2013 matched a 16-year low in 2009, and it is posing further risk to consumer spending as a sales tax increase of three percent is due to hit this April. Prime Minister Shinzo Abe is requesting businesses to increase wages to sustain the endless pursuit of inflation after […]

Gold Soars In Japan Bridging for Inflation

by Christopher Lemieuxon January 22, 2014 7:38 pm BST
Not everyone may be so enthusiastic to fuel inflation as Japanese Prime Minister Shinzo Abe and Bank of Japan (BoJ) Governor Haruhiko Kuroda. Gold sales have skyrocketed in Japan with individual investors hedging for the increase in consumer prices. Gold sales at Japan’s largest bullion dealer increased 63 percent, a five-year high, in 2013. Tanaka […]