Economics
In the semi-annual monetary review submitted to the National Diet, Bank of Japan Governor Kazuo Ueda detailed a defining chapter in the nation’s modern economic history. Covering the second half of fiscal year 2025 (October 2025 through March 2026), the comprehensive report chronicles the central bank’s decision
CBDC
As the global race to redefine the future of sovereign money splinters into fiercely divided ideological camps, the Bank of Japan (BOJ) has reached an inflection point in its journey toward a Central Bank Digital Currency (CBDC). Moving beyond the theoretical sandbox, Japan’s central bank is now grappling with
Economics
After a turbulent start to the year marked by a 27-year high in bond yields, the Japanese government bond (JGB) market is beginning to stabilize as investors digest the realities of Prime Minister Sanae Takaichi’s resounding election victory. According to a new report from Sony Financial Group, the
central bank
In December 2025, the Bank of Japan (BOJ) submitted its semi-annual "Report on Currency and Monetary Control" to the Diet, covering the developments in the first half of fiscal year 2025 (April through September). The report offers a comprehensive detailed account of the Japanese economy’s performance,
stablecoin
At the end of October, the Bank of Korea (BOK) published a report regarding the opportunities, risks, and necessary policy responses surrounding the potential introduction of a Won-pegged stablecoin (SC) in Korea. Titled "Currency in the Digital Era: Harmony of Innovation and Trust," the report adopts a
central bank
At the Monetary Policy Meeting ending today, the Policy Board of the Bank of Japan decided, by a 7-2 majority vote, to set the following guideline for money market operations for the intermeeting period: The Bank will encourage the uncollateralized overnight call rate to remain at around 0.5
central bank
Pursuant to Article 54 of the Bank of Japan Act, the Bank of Japan submits the "Report on Currency and Monetary Control" to the Diet twice a year. The contents of the report are as follows: * Economic and financial situation * Monetary Policy Conduct and Monetary Policy Tools * Content
central bank
Bank of Japan Executive Director Kazushige Kamiyama spoke at the third "Meetup with BoJ", hosted by the FinTech Association of Japan. Introduction Good afternoon, everyone. I am Kamiyama from the Bank of Japan. Thank you very much for this valuable opportunity to speak with all of you who
Weekly
Welcome to the one hundred tenth edition of the Japan FinTech Observer. The decades-long (if not forever) pricing system for Japanese sake has been broken. It has not happened overnight, rather it has been a slow, post-pandemic process as far as I could tell, but by now most
monetary policy
We always like to listen to the Bank of Japan's press conference after the Monetary Policy Meeting, not so much for the prepared statements, which can be read independently, but for the Q&A session. So here is what we have learned. I. Governor's Prepared