Bank of Japan

The Bank of Japan was established in 1882 and has played a significant role in the country's monetary policy and central banking system.

The Bank of Japan was established as the nation's central bank under the Bank of Japan Act in June 1882 and began operating on October 10, 1882.

In 1895, the Bank of Japan announced an increase in its capital from 10 million yen to 20 million yen.

In April 1896, the Bank of Japan announced another increase in its capital from 20 million yen to 30 million yen.

The Bank of Japan announced an increase in its capital from 30 million yen to 60 million yen. This move aimed to strengthen the bank's financial position and support its operations.

The Bank of Japan was reorganized in conformity with the Bank of Japan Act of 1942, which strongly reflected the wartime situation and stated the objectives of the Bank as regulation of the currency, control and facilitation of credit and finance, and the maintenance and fostering of the credit system.

During World War II, the Bank of Japan was reorganized to regulate and maintain the national economy in wartime, reflecting the challenging economic conditions during the war.

The Act of 1942 was amended in June 1949 to establish the Policy Board as the Bank of Japan's highest decision-making body.

The publication 'Zuroku Nihon no Kahei' is the catalogue of Japanese currencies. It provides valuable information about Japanese currencies and their historical context.

The publication 'Nippon Ginko Hyakunen-Shi' provides insights into the first hundred years of the Bank of Japan. It offers a historical perspective on the bank's evolution and significance.

The fourth volume of Nippon Ginko Hyakunen-Shi, a book in Japanese, provides historical information about the Bank of Japan's first hundred years.

The fifth volume of Nippon Ginko Hyakunen-Shi, a book in Japanese, provides historical information about the Bank of Japan's first hundred years.

This publication in Japanese contains related materials and statistics about the Bank of Japan's first hundred years.

The Act of 1942 was completely revised in June 1997 under the principles of 'independence' and 'transparency'. The revised act came into effect on April 1, 1998.

The Bank of Japan Act of 1997 officially comes into effect on April 1, 1998.

Hiroshi Nakaso discussed the financial crisis in Japan during the 1990s and the response of the Bank of Japan in a paper published by the Bank for International Settlements in October 2001.

Eisaku Ide's article 'Policy Debates on Public Finance Between the Ministry of Finance and the Bank of Japan from 1930 to 1936' was published in the 'Monetary and Economic Studies' journal in November 2003. It discusses the policy debates on public finance between the Ministry of Finance and the Bank of Japan during the mentioned period.

Ueda, Kazuo discusses the challenges faced by the Bank of Japan in managing expectations and dealing with the zero lower bound on nominal interest rates in this CIRJE Discussion Paper.

Mari Ohnuki's article 'The Bank of Japan Network and Financial Market Integration: From the Establishment of the Bank of Japan to the Early 20th Century' discusses the relationship between the Bank of Japan and financial market integration during the early 20th century.

Shirakawa, Masaaki delivered the opening remark at the 2012 BOJ-IMES Conference, discussing the relationship between demographic changes and macroeconomic performance in Japan.

Haruhiko Kuroda was nominated as the Governor of the Bank of Japan in 2013. He was previously the President of the Asian Development Bank.

In 2014, the Bank of Japan launched additional quantitative easing measures to support the economy amidst the ongoing challenges, demonstrating its commitment to addressing the economic issues through monetary policies.

The article 'Bank of Japan’s Monetary Policy in the 1980s: A View Perceived from Archived and Other Materials' by Masanao Itoh, Ryoji Koike, and Masato Shizume was published in the 'Monetary and Economic Studies' journal in December 2015. It provides insights into the Bank of Japan’s monetary policy during the 1980s.

In January 2016, the Bank of Japan implemented a policy of negative interest rates, requiring banks to pay for saving money with the central bank. This move was aimed at manipulating inflation and stimulating the economy.

During the Monetary Policy Meeting held in September 2016, the Bank of Japan introduced a new policy framework called 'Quantitative and Qualitative Monetary Easing' (QQE) along with negative interest rates, aiming to enhance monetary stimulus and address economic concerns.

The Bank of Japan shares its Outlook report immediately after the interest rate release, usually via a press conference held between 2:45am and 5am (GMT) on the day of the release.

The summary of opinions is released at 8:50am on the scheduled release day.

The MPM minutes are released on March 24.

The Bank of Japan shares its Outlook report immediately after the interest rate release, usually via a press conference held between 2:45am and 5am (GMT) on the day of the release.

The summary of opinions is released at 8:50am on the scheduled release day.

The MPM minutes are released on June 22.

The Bank of Japan shares its Outlook report immediately after the interest rate release, usually via a press conference held between 2:45am and 5am (GMT) on the day of the release.

Haruhiko Kuroda was re-nominated as the Governor of the Bank of Japan in 2018 for a second term. Each term is five years long.

The Bank of Japan's Monetary Policy Meeting (MPM) is a key event that has the potential to significantly impact the financial markets, including the yen, Nikkei 225, and Japanese stocks.

The Bank of Japan meeting is scheduled to take place on September 15, 2022. During this meeting, the Bank of Japan will discuss and make decisions regarding monetary policy, which can have significant implications for the Japanese economy and global financial markets.

The BOJ is expected to begin tightening policy by implementing a 25 basis points rate hike by the July 31 meeting, due to the market and pace of inflation prompting swifter action.

The Bank of Japan (BOJ) is considering monetary tightening, which could potentially impact the difference in yields and attract Japanese investors to domestic assets. This may have implications for the global investment markets.

The Bank of Japan is considering policy changes that could impact global capital flows, yields, currency exchange rates, and stock values in Japan.

The Bank of Japan policy board members are divided on whether to start unwinding its ultra-easy monetary policy in the spring or earlier, as indicated by the conflicting views of the members shown in a summary of the Dec. 18-19 meeting. This signals that the bank sees policy normalization on the horizon.

Following the Bank of Japan's actions, GBP/JPY teases a high not seen since 2015, while Crude oil eyes the $77 mark during the European open.

News flow is strengthening the case for a rate hike by the Bank of Japan, leading to heavy trading in USD/JPY and Nikkei.