BOJ's Board Turned Hawkish in April, Steady Rate Hikes Now in View

BANK of Japan board members turned overwhelmingly hawkish at their April policy meeting, with some seeing the chance of interest rates rising faster than anticipated, a summary of opinions at the meeting showed on Thursday (May 9).

Business TimesMay 9 03:15 ET

Bank of Japan Meeting Minutes: The depreciation of the yen may lead to faster rate hikes

Bank of Japan members are closely monitoring the impact of a weak yen on inflation, and believe that interest rates may be raised faster as a result.

Zhitong FinanceMay 8 23:40 ET

Japan's Real Wages in March Decreases 2.5%

Japan's real wages in March decreased 2.5% from the same month a year earlier, resuming the declining trend over the past two years, according to the Ministry of Health, Labor and Welfare on Thursday.

MT NewswiresMay 8 22:20 ET

BOJ's Policy Board Becoming More Concerned About Effects of Weaker Yen -- Update

The Bank of Japan's board is becoming more concerned about the inflation outlook as a sharply weaker yen threatens to drive up import prices, a summary of its latest meeting showed.

WSJMay 8 21:25 ET

Japan's Reserve Assets Decline in April

Japan's official reserve assets totaled $1.279 trillion as of the end of April, down $12 billion from $1.291 trillion a month ago, the Ministry of Finance reported Thursday.

MT NewswiresMay 8 20:56 ET

BoJ's Summary of Opinions: Easy Monetary Conditions Are Expected to Continue

One member said if trend inflation accelerates, BOJ will adjust degree of monetary easing but accommodative financial environment likely to continue for time being.

FXStreetMay 8 20:27 ET