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    Japanese war on deflation

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    • Thursday, 26 January, 2023
      News in-depthBank of Japan
      ‘No margin for error’: Bank of Japan’s next chief faces daunting challenge

      Haruhiko Kuroda’s successor must steer economy towards interest rate normalisation

    • Tuesday, 24 January, 2023
      News in-depthJapanese government bonds
      Bank of Japan eases bond market strains with loans to banks

      Expanded lending package gives central bank a boost in struggle to contain government debt yields

    • Sunday, 22 January, 2023
      Japan’s wage watershed raises economic hopes

      Salary increases by big companies offer potential escape from deflation and low growth

    • Friday, 20 January, 2023
      Japanese economy
      Japan’s core inflation hits 41-year high with central bank under policy pressure

      4% price growth reading comes days after Bank of Japan stood by yield curve controls

    • Wednesday, 18 January, 2023
      The FT ViewThe editorial board
      The Bank of Japan’s policy predicament

      Kuroda, or his successor, must solve challenges around yield curve control

    • Wednesday, 18 January, 2023
      Leo Lewis
      Japan is going to have to start culling its zombies sooner or later

      Maintaining ultra-loose monetary policy for now merely defers the euthanasia of persistently unprofitable companies

    • Wednesday, 11 January, 2023
      Fast Retailing Co Ltd
      Uniqlo owner to raise wages in Japan by 40% as inflation climbs

      Prime Minister Fumio Kishida has called on businesses to bump up stagnant salaries

    • Friday, 16 December, 2022
      The Top LineLeo Lewis
      Japan Inc’s cash hoarding habit has painted a giant target on its back

      Ministers are making noises about wage increases to jump-start the economy and higher taxes to fund defence spending

    • Friday, 28 October, 2022
      Japanese politics & policy
      Japan unleashes $200bn stimulus

      Fumio Kishida says package will cut consumer inflation even as Bank of Japan keeps ultra-loose policy

    • Tuesday, 11 October, 2022
      InterviewJapanese economy
      Kishida backs BoJ policy despite yen’s plunge

      Prime minister urges companies that are passing cost increases on to consumers to also raise wages

    • Sunday, 7 August, 2022
      Interview
      Japan has ‘once-in-lifetime’ chance to end deflation, says departing BoJ official

      Outspoken reflationist Goushi Kataoka backs bold easing measures to capitalise on rising prices globally

    • Wednesday, 6 July, 2022
      LexJapanese business & finance
      Japanese food: rising prices threaten to eat into margins  Premium content

      The yen’s sharp depreciation has pushed up the cost of imports and logistics

    • Tuesday, 14 June, 2022
      Inside BusinessKana Inagaki
      Is ‘Made in Japan’ back with the weaker yen?

      A tight labour market and rise of production outside the country by companies may limit ‘reshoring’ of jobs

    • Wednesday, 8 June, 2022
      Haruhiko Kuroda
      BoJ’s Kuroda forced to retract claim consumers tolerant of price rises

      Central bank governor tells FT conference impact on yen of rising US rates likely to ease

    • Friday, 20 May, 2022
      Japanese economy
      ‘Different from the US’: why Japan does not worry about inflation

      After decades of stagnation, workers no longer demand higher wages and companies do not pass on price rises

    • Wednesday, 18 May, 2022
      News in-depthJapanese economy
      Corporate Japan wary of the sliding yen

      Higher energy and materials costs outweigh benefit of weak currency even for big exporters

    • Thursday, 5 May, 2022
      Markets InsightZach Pandl
      The yen: a cheap haven for uncertain times

      Japanese currency will find support at a time of rising global recession risks and structural threats to the dollar

    • Monday, 2 May, 2022
      The FT ViewThe editorial board
      Yen weakness is an opportunity, not a threat, for Japan

      For the central bank to raise interest rates would be a mistake

    • Tuesday, 26 October, 2021
      LexContainer shipping
      Japan shippers: freight rate rises leave stocks high and dry Premium content

      Shares that raced ahead like speed boats now look as if they are coasting

    • Sunday, 24 October, 2021
      The FT ViewThe editorial board
      Fumio Kishida should keep the best of Abenomics

      New Japanese prime minister needs to turn his sunny vision into a practical plan

    • Friday, 19 March, 2021
      Bank of Japan edges away from massive monetary stimulus

      Central bank opts for discretionary policy and scraps target for equity purchases

    • Tuesday, 16 March, 2021
      News in-depth
      Bank of Japan wrestles with never-ending stimulus

      Policy review may pave the way for greater variability in bond and equity purchases

    • Monday, 8 March, 2021
      Japanese economy
      Japan maintains monetary easing but prepares ground for ‘nimble response’

      Masayoshi Amamiya’s comments suggest financial centre’s hopes will be dashed

    • Friday, 18 December, 2020
      BoJ launches policy review after Covid dashes inflation hopes

      Japan’s central bank extends pandemic loan schemes by 6 months to September 2021

    • Tuesday, 24 November, 2020
      Adam Posen
      Lessons from Japan: High-income countries have common problems

      There was just one lost decade of low growth and low inflation — when policy turned round so did the economy

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