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BOJ expected to keep FY 2015 target for beating deflation

At its two-day policy meeting starting Tuesday, the Bank of Japan is expected to maintain its fiscal 2015 target for beating deflation, as it believes the economy will continue to recover even after a sales tax hike in April, sources close to the matter said. At the meeting, the central bank will review its semiannual economic outlook issued in October, which projects the core consumer price index excluding fresh foods rising 1.9 percent in fiscal 2015.

BOJ to hold fire as weak yen, recovery push up prices

By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy steady at its first rate review this year, becoming more confident about meeting its price goal on signs a broadening economic recovery may nudge firms into spending more on wages and investment. The weak yen, which inflates import costs, has helped Japan pass the halfway mark toward its 2 percent inflation target with prices rising 1.2 percent in November from a year before.

BOJ likely to maintain current easing policy in 2014: Kuroda

Bank of Japan Governor Haruhiko Kuroda indicated the central bank will keep intact its current monetary easing policy in 2014 with prospects that the country's economy continues to recover despite possible adverse impact from a sales tax hike in April. In a recent interview with Kyodo News, the BOJ chief apparently played down a view in financial markets that the bank is likely to further ease its monetary policy as early as the first half of 2014. "As long as the economy moves as expected, we will continue with the current policy," he said.

BOJ likely to maintain current easing policy in 2014: Kuroda

Bank of Japan Governor Haruhiko Kuroda indicated the central bank will keep intact its current monetary easing policy in 2014 with prospects that the country's economy continues to recover despite possible adverse impact from a sales tax hike in April. In a recent interview with Kyodo News, the BOJ chief apparently played down a view in financial markets that the bank is likely to further ease its monetary policy as early as the first half of 2014. "As long as the economy moves as expected, we will continue with the current policy," he said.

BOJ maintains ultraeasy monetary policy, economic assessment

The Bank of Japan on Friday kept intact its ultraeasy monetary policy and left unchanged its assessment of the domestic economy, while the BOJ chief said the central bank will keep an eye open for any possible detrimental effects of the sales tax hike next April. On the U.S. Federal Reserve's decision Wednesday to start tapering its stimulus program in January, BOJ Governor Haruhiko Kuroda said the move reflects the country's steady economic recovery with growth in personal spending, housing investment and exports.

BoJ stands pat on easing, says economy 'recovering moderately'

The Bank of Japan on Friday held off announcing any fresh measures to stimulate the economy, offering the upbeat view that it was "recovering moderately" while efforts to stoke inflation were taking hold. The decision comes days after the bank's closely watched Tankan quarterly survey showed business confidence has soared to a six-year high, underscoring growing optimism among Japanese firms.

BOJ hails Fed tapering, sticks with its own massive stimulus

By Leika Kihara and Stanley White TOKYO (Reuters) - Japan's central bank held its massive monetary expansion unchanged on Friday, and played down chances of the need for an extra dose next year as it took heart from the U.S. Federal Reserve's decision to begin tapering its own mega-stimulus. Speaking after a Bank of Japan policy-setting meeting, Governor Haruhiko Kuroda welcomed the Fed's move as a sign that the U.S. economy is recovering steadily, which bodes well for global growth and Japan.

BoJ stands pat on easing, says economy 'recovering moderately'

The Bank of Japan on Friday held off announcing any fresh measures to stimulate the economy, offering the upbeat view that it was "recovering moderately" while efforts to stoke inflation were taking hold. The decision comes days after the bank's closely watched Tankan quarterly survey showed business confidence has soared to a six-year high, underscoring growing optimism among Japanese firms. However, analysts said the bank would likely have to widen its monetary easing measures if it is going to win its battle against deflation with a sales tax hike due in April.

BoJ stands pat on easing, says economy 'recovering moderately'

The Bank of Japan on Friday held off announcing any fresh measures to stimulate the economy, offering the upbeat view that it was "recovering moderately" while efforts to stoke inflation were taking hold. The decision comes despite a sharp slowdown in July-September growth that raised concerns about the strength of recovery in the world's third-largest economy and fuelled speculation that the BoJ will expand its asset-purchasing scheme.

BOJ to add long-term price outlook from March Tankan survey

The Bank of Japan said Monday it will include companies' outlook for prices over the next one to five years in its Tankan quarterly corporate sentiment survey starting from March. The move is apparently aimed at expanding the range of price indicators used as a reference in deciding monetary policy, after the central bank set the goal in April this year of achieving year-on-year inflation of 2 percent in about two years.
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