BOJ's Iwata mum on monetary policy in speech
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Bank of Japan Deputy Governor Kazumasa Iwata made no mention of monetary policy on Thursday in a speech at a meeting of local financial experts in Okinawa Prefecture in southern Japan, the text of his speech showed.
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Federal Reserve Chairman Ben  Bernanke did not discuss the economy or the outlook for  inflation or interest rates on Friday in brief introductory  remarks at a conference on monetary policy.
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Japan will not tighten its monetary policy as the consumer prices became positive, said Bank of Japanâs governor Toshihiko Fukui on Tuesday.
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Japan's PM Yasuo Fukuda tells the BBC how problems in the world's financial markets are worrying him.
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The pound was lower against the dollar, tracking the euro's falls and also following a relatively dovish speech by Bank of England Monetary Policy Committee member Paul Tucker.
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The Bank of Japan decided Friday to keep a benchmark interest rate unchanged at 0.5 percent and the central bank's governor hinted that a rate hike may come later than July.
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TOKYO : Japan&#39;s economic recovery is on track as structural reforms take root but soaring global oil prices pose a question mark, the central bank chief said on Monday.
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Japanâs producer prices rose at the slowest pace in more than a year in January as oil costs fell, easing pressure on companies to pass expenses on to consumers.
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The Bank of Japan opts to keep the country's benchmark interest rate on hold at 0.5%.
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A Bank of Japan policy board member tried to soothe investors' nerves on Thursday, saying some market moves had been overdone, amid a new bout of tightness in short-term credit markets due to banks' growing risk aversion.
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The yen fell against the dollar and euro on Wednesday after data showed that Japan's economy slipped into recession for much of 2004, but the market quickly looked ahead to remarks by Fed chief Alan Greenspan later in the day.
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Top Japanese finance officials gave conflicting economic assessments Friday, with the central bank chief predicting a slowdown in Japan while the economy minister said she saw no sign of one.
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The Bank of Japan, which last month  raised interest rates for the first time in six years, is  expected to keep its powder dry this week as it confirms that  economic growth is slowing and with inflation yet to  materialize.
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The yen fell against the dollar and euro  on Wednesday after data showed that Japan's economy slipped  into recession for much of 2004, but the market quickly looked  ahead to remarks by Fed chief Alan Greenspan later in the day.
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Japan&#39;s central bank decided Thursday to leave its monetary policy unchanged to keep the country&#39;s economic recovery going.
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Japanese Finance Minister Sadakazu  Tanigaki said on Friday countries should not rely just on  currencies to address global imbalances.
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Japanese stocks fell, though not sharply, after Shinzo Abe said he would resign as prime minister.