By Leika Kihara

BOJ's Funo dismisses idea of central bank buying foreign bonds

By Leika Kihara NIIGATA, Japan (Reuters) - Bank of Japan board member Yukitoshi Funo said it would infringe on the government's jurisdiction over currency policy if the BOJ bought foreign bonds. He said on Wednesday that while he wished to study...

Wednesday, August 31, 2016, 7:36 AM

Japan top spokesman signals readiness to stem yen gains

By Leika Kihara TOKYO (Reuters) - Japan's chief cabinet secretary has signaled Tokyo's readiness to intervene in the market if the yen spikes out of line with fundamentals and defended the Bank of Japan's negative interest rate policy...

Tuesday, August 30, 2016, 10:26 AM

Japan July consumer prices post biggest annual fall in three yrs

By Leika Kihara TOKYO (Reuters) - Japan's consumer prices fell in July by the most in more than three years as more firms delayed price hikes due to weak consumption, keeping the central bank under pressure to expand an already massive stimulus program...

Friday, August 26, 2016, 11:49 AM

Japanese seek bargains as economy limps, Abenomics loses shine

By Leika Kihara TOKYO (Reuters) - Three years of so-called "Abenomics", Japanese Prime Minister Shinzo Abe's bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world's third-largest...

Thursday, August 25, 2016, 5:01 AM

Japanese seek bargains as economy limps, Abenomics loses shine

By Leika Kihara TOKYO (Reuters) - Three years of so-called "Abenomics", Japanese Prime Minister Shinzo Abe's bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world's third-largest...

Thursday, August 25, 2016, 4:53 AM

Japan sinking deeper into de-facto helicopter money

By Leika Kihara TOKYO (Reuters) - The Bank of Japan says there is no possibility of helicopter money, and by a strict definition they are correct. But as the government plans to issue more 40-year bonds, it is looking more and more like some monetization of debt...

Friday, August 19, 2016, 10:52 AM

Bank of Japan money target up for debate in policy review: sources

By Leika Kihara TOKYO (Reuters) - The Bank of Japan's policy review could put up for debate its target for expanding base money through massive asset purchases, sources say, but the challenge would be to avoid spooking bond markets used to years of unprecedented...

Monday, August 15, 2016, 12:29 PM

Bank of Japan money target up for debate in policy review: sources

By Leika Kihara TOKYO (Reuters) - The Bank of Japan's policy review could put up for debate its target for expanding base money through massive asset purchases, sources say, but the challenge would be to avoid spooking bond markets used to years of unprecedented...

Monday, August 15, 2016, 12:29 PM

Exclusive: BOJ review likely to defend massive stimulus program - sources

By Leika Kihara TOKYO (Reuters) - The Bank of Japan has already prepared a preliminary outline of a "comprehensive" review of its policies due next month that will maintain a pledge to hit its 2 percent inflation target as soon as possible, sources familiar with...

Wednesday, August 10, 2016, 4:27 PM

BOJ board divided on whether monetary easing has limits: July meeting summary

By Leika Kihara TOKYO (Reuters) - Stark divisions in the views of Bank of Japan board members were highlighted on Monday, with some defending unlimited easing of monetary policy and others arguing the BOJ had done enough – to the point of driving big market...

Monday, August 8, 2016, 5:46 AM

BOJ eases policy by doubling ETF buying, underwhelms expectations

By Leika Kihara TOKYO (Reuters) - The Bank of Japan expanded stimulus on Friday by doubling purchases of exchange-traded funds (ETF), yielding to pressure from the government and financial markets for bolder action, but disappointing...

Friday, July 29, 2016, 9:34 AM

BOJ eases policy by doubling ETF buying, underwhelms expectations

By Leika Kihara TOKYO (Reuters) - The Bank of Japan expanded stimulus on Friday by doubling purchases of exchange-traded funds (ETF), yielding to pressure from the government and financial markets for bolder action, but disappointing...

Friday, July 29, 2016, 9:34 AM

Pressure for BOJ easing intensifies as economy minister urges action

By Leika Kihara TOKYO (Reuters) - Political pressure on the Bank of Japan to expand stimulus on Friday is intensifying with the economy minister calling on the bank to work with the government to boost economic growth. Prime Minister Shinzo Abe...

Thursday, July 28, 2016, 3:15 AM

Bank of Japan wary of easing but yen, politics may sway it to act

By Leika Kihara TOKYO (Reuters) - Yen moves and political considerations could be decisive factors for Bank of Japan policymakers agonizing over whether to expand stimulus yet again on Friday or to save their dwindling policy resources in case the...

Tuesday, July 26, 2016, 8:14 PM

BOJ leaning toward standing pat on policy, yen moves may complicate call

By Leika Kihara TOKYO (Reuters) - The Bank of Japan is leaning toward holding off on monetary easing on Friday, as an expected government spending package takes some pressure off policymakers to expand an already massive and increasingly controversial stimulus...

Tuesday, July 26, 2016, 6:04 AM

Japan may be on route for a "soft" form of helicopter money

By Leika Kihara TOKYO (Reuters) - Japanese policymakers, who won't go as far as funding government spending through direct debt monetization, might pursue a mix of aggressive fiscal and monetary expansion to battle deflation, say sources familiar with the matter...

Friday, July 15, 2016, 6:48 AM

Japan may be on route for a "soft" form of helicopter money

By Leika Kihara TOKYO (Reuters) - Japanese policymakers, who won't go as far as funding government spending through direct debt monetization, might pursue a mix of aggressive fiscal and monetary expansion to battle deflation, say sources familiar with the matter...

Friday, July 15, 2016, 6:48 AM

No chance Japan will adopt 'helicopter money' soon: sources

By Leika Kihara TOKYO (Reuters) - There is no chance Japan will resort to "helicopter money," a policy in which the central bank indefinitely finances fiscal spending through perpetual bonds, any time soon, government and central bank officials directly involved...

Thursday, July 14, 2016, 6:27 AM

Abe's stimulus plan to moderate any BOJ price forecast cuts: sources

By Leika Kihara TOKYO (Reuters) - The Bank of Japan will factor in the government's planned fiscal stimulus package in producing new quarterly projections this month, which will help moderate any cuts to its inflation forecasts, sources familiar with its...

Wednesday, July 13, 2016, 3:36 AM

BOJ gloomier on consumption, warns of hit from Brexit

By Leika Kihara TOKYO (Reuters) - The Bank of Japan cut its assessment for two of Japan's nine regions and said the market turmoil sparked by the Brexit vote could hurt consumer sentiment, signaling concern a strong yen and weak spending could derail a fragile...

Thursday, July 7, 2016, 6:04 AM