Amid stalling inflation and ballooning government spending, the Japanese government is growing more dependent on the Bank of Japan's colossal monetary easing policy engineered by Gov. Haruhiko Kuroda.
After two years of the Bank of Japan guiding key interest rates into negative territory, lenders here have seen loan rates slide toward zero, pushing financial institutions to reassess their business models. (Nikkei)
Bank of Japan Gov. Haruhiko Kuroda is expected to continue his massive monetary easing campaign in his second term as prices remain stagnant, though calls for an exit strategy could grow louder as his global peers roll back stimulus. (Nikkei)
U.S. Vice President Mike Pence told Japanese Deputy Prime Minister Taro Aso this week that he favored a bilateral trade deal - which Tokyo opposes - to fix trade imbalances, sources with direct knowledge of the matter told Reuters on Friday. (Japan Today)
The latest official business readings show that Japan's economy is on track for its sixth year of sustained growth in 2018, though the boom cycle has yet to be fully reflected in household incomes.