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Funding strains remain for Japan's small hotels and restaurants, complicating BOJ policy | WTVB | 1590 AM · 95.5 FM

TOKYO (Reuters) - Japan's small hotels and restaurants continue to suffer from financing strains caused by the COVID-19 crisis, a survey showed on Tue. ....

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Tokyo Olympics: Are organisers prioritising revenue over safety as cases of COVID-19 surge?

Tokyo Olympics: Are organisers prioritising revenue over safety as cases of COVID-19 surge?
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Bank of Japan signals prolonged easing, cuts price outlook as new COVID pain hits

Bank of Japan signals prolonged easing, cuts price outlook as new COVID pain hits
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Last Updated: Apr 27, 2021, 11:50 AM IST
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As widely expected, the BOJ maintained its short-term interest rate target at -0.1% and that for 10-year bond yields around 0%.
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TOKYO: Japan s central bank maintained its massive stimulus on Tuesday and projected inflation missing its 2% target for years to come, as fresh curbs to combat a spike in COVID-19 cases overshadow the boost to growth from solid global demand.
The Bank of Japan also warned of high uncertainty on how much the pandemic could drag on growth, signalling its readiness to keep its money spigot wide open for the foreseeable future. ....

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BOJ signals prolonged easing, offers gloomy price outlook

Publishing date: Apr 27, 2021 • 2 hours ago • 2 minute read •
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TOKYO The Bank of Japan projected on Tuesday that inflation will fail to reach its 2% target during its governor’s term through early 2023, as fresh curbs to combat a spike in COVID-19 cases overshadow the boost to growth from solid global demand.
While the central bank kept policy steady, Governor Haruhiko Kuroda signaled his readiness to extend a pandemic-relief program beyond the current September deadline, as slow vaccine rollouts and a spike in new virus strains hit retailers.
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BOJ signals prolonged easing, cuts price outlook as new COVID pain hits

BOJ signals prolonged easing, cuts price outlook as new COVID pain hits
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