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Wow, Kuroda!

So, after weeks of waiting, and with expectations high, new BoJ Governor Haruhiko Kuroda finally got the chance to put his stamp on Japanese monetary policymaking...

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The Bank of Japan: Counting on Kuroda

Earlier today saw the final Bank of Japan Policy Board meeting chaired by Governor Shirakawa. As expected, no changes were made to policy, a suitably inconsequential end to a term that saw GDP growth and inflation both average less than zero....

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Japan: Maintaining the momentum

Fuelled by optimism over the new government’s policy initiatives and the weaker yen, Japan’s equity markets have enjoyed their longest winning streak in more than fifty years...

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The Bank of Japan: Great Expectations?

So, after weeks of pressure from new Prime Minister Abe, the BoJ today gave him what he wanted: a new 2% inflation target, double the previous ‘1% goal’. This, it pledged to achieve ‘at the earliest possible time’...

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New Year, New BoJ?

With Abe’s new government having recently announced a bumper boost of ¥10.3trn (more than 2% of GDP) to central government spending over coming quarters, attention in Japan is now firmly on the BoJ, whose Policy Board...

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