Japan Forfeits 30 Years to the Gyrations of the Yen
Author: Tsuchiya Hideo
Categories: In-Depth with Nippon.com
What was once called Japan’s lost decade has now persisted for much longer than 10 years. Despite hopes that the policies of Abenomics would generate a virtuous circle of recovery, turmoil overtook the world economy before they could do so. The yen appreciated, stock prices fell, and it does not seem likely that the negative interest rate of the Bank of Japan will resuscitate the economy.
Tags: Abenomics, Bank of Japan, black monday, BOJ, currency, deflation, dollar, domestic, Economy, exchange, exchange rate, exports, fiscal policy, industry, inflation, interest rates, Japan, lending, moetary policy, money, nippon.com, public works spending, Shinzo Abe, stock, stock prices, strong yen, yen
Japan’s fiscal strategy takes flexible approach to spending curbs
Author: Reuters
Categories: Daily Japan News
The Japanese government announced that, instead of implementing a binding cap, it would be flexible in curbing the increase in budget spending.
Tags: Abenomics, economics, Economy, fiscal policy, GDP, gdp growth, Japan, japanese economy, Shinzo Abe, yen
Dollar drops to upper 122 yen zone amid lack of U.S. rate hike hints
Author: Nikkei Asian Review
Categories: Daily Japan News
The dollar has sunk to the upper 122 yen zone.
Dollar retreats to lower 125 yen zone after its ascent to 13-year high
Author: Nikkei Asian Review
Categories: Daily Japan News
After reaching a 13-year high, the dollar has receded to the low 125-yen zone.
Yen, oil help Bank of Japan in battle for 2% inflation
Author: Nikkei Asian Review
Categories: Daily Japan News
Bank of Japan officials are optimistic about the chances of reaching their 2% inflation goal, thanks to the falling yen and oil prices.