Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Joe Biden warns China over threats to US sovereignty in State of the Union address
    • Zelenskyy speech spurs UK to look at sending fighter jets to Ukraine
    • Fed chair warns of even higher rates if jobs data stays strong
    • UAE grants Russian lender rare banking licence
    • Military briefing: what the west’s shifting red lines mean for Ukraine
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Companies
      Sections
      • Companies Home
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
      Most Read
      • Credit Suisse plans $380mn bonus scheme for top staff tied to overhaul
      • Adani faced margin call on $1.1bn loan before repaying in full
      • Jupiter dumps Starling Bank and rules out unlisted stocks
      • Maersk forecasts plunge in profits as container shipping boom ends
      • ‘You can’t be half pregnant’: Why Rothschild is calling time on the public market
    • Tech
    • Markets
      Sections
      • Markets Home
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
      Most Read
      • Live news: Sunak says nothing ‘off the table’ after Zelenskyy pleads for UK fighter jets
      • UK regulator deals blow to Microsoft’s $75bn Activision deal
      • Iran’s ‘ghost fleet’ switches into Russian oil
      • Jupiter dumps Starling Bank and rules out unlisted stocks
      • Live news updates from February 7: Ukraine’s allies to send up to 178 tanks, Sunak reshuffles cabinet
    • Climate
    • Opinion
      Sections
      • Opinion Home
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
      Most Read
      • Lessons from the great reflation
      • Are CEOs with MBAs good for business?
      • The revenge of the incumbents
      • Brexit could be reversed — here’s how
      • Say no to oversized — choose clothes that fit
    • Work & Careers
      Sections
      • Work & Careers Home
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
      Most Read
      • Barclays chief: the life lessons I have discovered during cancer treatment
      • Management research: why are so few of its ideas taken up?
    • Life & Arts
      Sections
      • Life & Arts Home
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
      Most Read
      • The Rijksmuseum’s Vermeer retrospective is momentous and dizzying
      • Inside Vermelho, Christian Louboutin’s new hotel
      • How to ski, shop, sled and sip it in St Moritz
      • American Resistance by David Rothkopf — managing the Trump horror show
      • Star gauze – Nensi Dojaka is redefining sexy dressing for the female gaze
    • HTSI
    MenuSearch
    • Home
    • World
    • US
    • Companies
    • Tech
    • Markets
    • Climate
    • Opinion
    • Work & Careers
    • Life & Arts
    • HTSI
    Financial Times
    SubscribeSign In

    Japanese war on deflation

    Add to myFT Digest

    Add this topic to your myFT Digest for news straight to your inbox

    • 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

    Previous page You are on page 1 Next page

    Useful links

    Support

    View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

    Legal & Privacy

    Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

    Services

    Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

    Tools

    PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

    Community & Events

    FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

    More from the FT Group

    Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
    The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
    Financial Times

    International Edition

    Subscribe for full access
    • Switch to UK Edition
    • Top sections
    • Home
    • World
      • Global Economy
      • UK
      • US
      • China
      • Africa
      • Asia Pacific
      • Emerging Markets
      • Europe
      • War in Ukraine
      • Americas
      • Middle East & North Africa
      • Australia & NZ
    • US
      • US Economy
      • US Companies
      • US Politics & Policy
    • Companies
      • Energy
      • Financials
      • Health
      • Industrials
      • Media
      • Professional Services
      • Retail & Consumer
      • Tech Sector
      • Telecoms
      • Transport
    • Tech
    • Markets
      • Alphaville
      • Markets Data
      • Cryptofinance
      • Capital Markets
      • Commodities
      • Currencies
      • Equities
      • Fund Management
      • Trading
      • Moral Money
      • ETF Hub
    • Climate
    • Opinion
      • Columnists
      • The FT View
      • Lex
      • Obituaries
      • Letters
    • Work & Careers
      • Business School Rankings
      • Business Education
      • Entrepreneurship
      • Recruitment
      • Business Books
      • Business Travel
    • Life & Arts
      • Arts
      • Books
      • Food & Drink
      • FT Magazine
      • House & Home
      • Style
      • Travel
      • FT Globetrotter
    • Personal Finance
      • Property & Mortgages
      • Investments
      • Pensions
      • Tax
      • Banking & Savings
      • Advice & Comment
      • Next Act
    • HTSI
    • Special Reports
    • FT recommends
    • Lex
    • Alphaville
    • Lunch with the FT
    • FT Globetrotter
    • #techAsia
    • Moral Money
    • FTfm
    • Newsletters
    • Video
    • Podcasts
    • News feed
    • FT Live Events
    • FT Forums
    • Board Director Programme
    • myFT
    • Portfolio
    • Today's Newspaper (ePaper)
    • Crossword
    • Our Apps
    • Help Centre
    • Subscribe
    • Sign In