On May 22nd, the Bank of Japan's deliberator Asahi Noguchi said that he personally does not think that there is a need to make major adjustments to the existing Bank of Japan's tapering program. The Bank of Japan can spend enough time to shrink its balance sheet, which is beneficial to market stability. Regarding the tapering program from April 2026, we need to carefully evaluate it from a longer-term perspective.
Japan's economy has suffered a "Waterloo" in Quarter 1. Consumption and exports are both weak. Will the Bank of Japan's interest rate hike plan be forced to be put on hold? Click to view...
Reuters poll: 52% of economists expect the Bank of Japan to raise the base rate to at least 0.75% by the end of this year.
Reuters poll: 52% of economists expect the Bank of Japan to raise the base rate to at least 0.75% by the end of this year. (Jin 10)
The Bank of Japan meeting opinion summary: A member said that the Bank of Japan will temporarily suspend interest rate hikes, but should not fall into excessive pessimism, and must guide monetary policy flexibly and skillfully; a member said that there is little possibility of a slowdown in Japan's underlying inflation. (Jin Ten)
Kazuo Ueda, governor of the Bank of Japan, is concerned about the impact of rising prices on underlying inflation.
Coinbase Assets posted that the Pectra upgrade for Ethereum is scheduled for Wednesday, May 7, 2025 at 3:05am PDT. To ensure the safety of user funds, we will temporarily suspend Ethereum deposits and withdrawals between 2:50am and 3:45am PDT. During this time, new staking requests will be delayed until after 3:45am. Existing staking positions will not be affected.
The United States imposed a 25% tariff on key auto parts on May 3. In this regard, Japan continues to express strong opposition to the US tariff policy. Japanese Prime Minister Shigeru Ishiba said on the 3rd that it is very regrettable that the United States started to impose a 25% tariff on key auto parts on the same day, and will continue to ask the United States to review the relevant tariff measures. Japan is working with the United States on...
Bank of Japan Governor Kazuo Ueda: If the economy and prices move in line with expectations, the Bank of Japan is expected to continue to raise interest rates.
Kazuo Ueda, governor of the Bank of Japan, said that the time to achieve the 2% inflation target will be delayed.
Bank of Japan Governor Kazuo Ueda: The timing of the next rate hike will largely depend on the impact of tariffs on the economy.
Kazuo Ueda, governor of the Bank of Japan, believes that the overall inflation rate has been rising slowly and has not lagged behind the yield curve, and the slowdown in underlying inflation growth does not mean that interest rate hikes will be delayed.
Bank of Japan: Japan's economic growth may slow down.
On May 1st, the Bank of Japan announced that the median real GDP growth rate for the fiscal year 2025-2026 is expected to be 0.5% and 0.7% respectively (1.1% and 1.0% respectively in January).
The Bank of Japan kept its target interest rate unchanged at 0.50% for the second consecutive meeting, in line with market expectations.