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Keywords:
Tags: United States, Japan,
Grouped Articles
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
Pacific Trade Pact Revives Ghosts of Nafta Jobs Fight
Wall Street Journal 04/24/2015
Obama Presses Case for Asia Trade Deal, Warns Failure Would Benefit China
Wall Street Journal 04/27/2015
Trans-Pacific Partnership Puts Harvard Law School Rivals on Opposite Sides, Again
New York Times 04/27/2015
Obama’s Uphill Push for Free Trade
Wall Street Journal 04/30/2015
The United States, Japan and trade: Don’t treat trade as a weapon
Economist 04/25/2015
The yen weakens to 94.77 yen to the dollar on Feb 25, 2013 after the announcement of the appointment of Kuroda to head the central bank by prime minister Abe. Kuroda sets a two year time frame to achieve the 2% inflation target. He has experience in monetary and currency policy as he was head of the currency policy department at the finance ministry in the early 2000's, and has published a book about the failure and success of monetary and fiscal policy. For 2 years Kuroda lectured at Hitoshibashi University, before becoming head of the Asian Development Bank. Kuroda brings the kind of experience and caliber that Bernanke, Draghi and King bring to the central banks of the U.S., Europe and the UK.
Grouped Articles
Target Is 'Flexible,' Says Japan Bank Chief
Wall Street Journal 04/12/2013
Wall Street Journal 04/18/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
G-20 Backs Japan on Yen Policies
Wall Street Journal 04/20/2013
OECD Welcomes BOJ Inflation Target, Easing
Wall Street Journal 04/23/2013
BOJ Price Forecast Falls Short of Target
Wall Street Journal 04/28/2013
Toyota Motor is not asking for price concessions from suppliers in fall 2014 and is likely to do the same in spring 2015, so that suppliers can raise wages for the estimated 1.35 million employees at Toyota suppliers in Japan. Toyota Motor CEO, Akio Toyoda, also a grandson of a Japanese leader like prime minister Abe, says "we are of one mind in fighting deflation." Toyota has benefitted from the yen at 110 to the dollar which increases revenue and profit from exports. Both Abe and Toyoda carry a large responsibility as Japan fights off the effects of deflation, and the effects of an increase in the consumption tax on consumers.
Grouped Articles
Abe and Toyoda: Marriage of Mutual Need
Wall Street Journal 02/20/2015
Abenomics Pays It Forward for Japanese Workers
Wall Street Journal 03/19/2015
Japan’s Businesses Respond to Abe’s Push for Higher Wages
New York Times 03/18/2015
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
Japan Embodies a Global Mystery: Where Are the Raises?
WSJ 06/06/2017
Japan's economy suffered badly after a flood of credit and bad loans, resulting in deflation and a lost decade. The comparison with what the US faces now.
Grouped Articles
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
Japanese Prices Rise, Signaling Rebound
Wall Street Journal 07/26/2013
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
New York Times 10/30/2014
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
Grouped Articles
Pro-Inflation Policies Show Signs of Helping the Japanese Economy
New York Times 05/09/2013
Japan Posts Surge in Economic Growth
Wall Street Journal 05/15/2013
Japanâs Economy Growing at 3.5% Annualized Rate
New York Times 05/15/2013
Japanese Economic Data Give Abe a Lift
Wall Street Journal 06/10/2013
Japan's Economy Shows Renewed Strength
Wall Street Journal 01/31/2014
Japan’s Growth Slows, Raising Concerns About Obstacles That Lie Ahead
New York Times 02/16/2014
Kuroda tells foreign media in an interview the BOJ will be watchful and vigilant that the new monetary policy does not create asset bubbles. BOJ will adjust policies accordingly and be flexible if this is happening. In that case it wil give more time to get to the inflaton target of 2%.
Grouped Articles
Target Is 'Flexible,' Says Japan Bank Chief
Wall Street Journal 04/12/2013
G-20 Backs Japan on Yen Policies
Wall Street Journal 04/20/2013
OECD Welcomes BOJ Inflation Target, Easing
Wall Street Journal 04/23/2013
BOJ Price Forecast Falls Short of Target
Wall Street Journal 04/28/2013
Bank of Japan's Inflation Game Going Into Extra Innings
Wall Street Journal 04/26/2013
Loud and Clear on Japanese Easing
Wall Street Journal 02/19/2014
Grouped Articles
Pro-Inflation Policies Show Signs of Helping the Japanese Economy
New York Times 05/09/2013
New York Times 05/23/2013
Tokyo's Move to Raise Tax Hits Snag
Wall Street Journal 12/27/2011
Japanese Prices Rise, Signaling Rebound
Wall Street Journal 07/26/2013
Japan Says 'Sayonara' to Deflation Worries
Wall Street Journal 12/26/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
The IMF's Lagarde calls Japan's policy "sound," and U.S. Federal Reserve chairman Bernanke says he supports countries looking at domestic economies when conducting monetary policy. The overall effect would be to help the global economy through a better performing domestic economy, says Bernanke. Gaining support in the global community for Japan's moves to reduce the value of the yen is important for the Abe administration and Japanese finance minister Taro Aso. These views were expressed at the G-20 meeting in Moscow in Feb. 2013.
Grouped Articles
Wall Street Journal 04/18/2013
Japan Official Cites Fundamentals in Yen's Drop
Wall Street Journal 04/12/2013
G-20 Backs Japan on Yen Policies
Wall Street Journal 04/20/2013
OECD Welcomes BOJ Inflation Target, Easing
Wall Street Journal 04/23/2013
Pro-Inflation Policies Show Signs of Helping the Japanese Economy
New York Times 05/09/2013
New York Times 05/23/2013
The Japanese trade union confederation seeks wage increases of 4% for 2015. The Business Federation tell companies to offer wage increases over 2.3% for 2015. Unusual for a market economy both prime minster Abe and BOJ chief Kuroda tell companies to raise wages. Kuroda says price movement can happen by raising wages.
Grouped Articles
Japan Government Presses Companies to Raise Wages
Wall Street Journal 01/22/2015
Abenomics Pays It Forward for Japanese Workers
Wall Street Journal 03/19/2015
Japan’s Businesses Respond to Abe’s Push for Higher Wages
New York Times 03/18/2015
Abe: U.S., Japan Close to TPP Trade Deal
Wall Street Journal 04/21/2015
Japan Embodies a Global Mystery: Where Are the Raises?
WSJ 06/06/2017
Lower oil prices are expected to reduce the oil import bill by 10.6 trillion yen for 2015, and add to Japanese consumers purchasing power. Analysts say tightening labor markets are expected in 2015 as the Japanese economy recovers. Japanese companies have about $2.65 trillion in cash reserves but were cautious in raising wages in 2013-2014. Toyota says it is natural for the company to contribute to higher wages as its profits improve and will take a sincere interest in 2015 wage negotiations. Real wages were up for only 4 months of prime minister Abe's first term in 2013-2014, as wages cannot keep up with price increases.
Grouped Articles
Japan’s Abe Vows to Push for Wage Increases
Wall Street Journal 12/16/2014
Japan Government Presses Companies to Raise Wages
Wall Street Journal 01/22/2015
Japan’s Economy Expands, but Less Than Expected
New York Times 02/15/2015
Abe and Toyoda: Marriage of Mutual Need
Wall Street Journal 02/20/2015
Abenomics Pays It Forward for Japanese Workers
Wall Street Journal 03/19/2015
Japan’s Businesses Respond to Abe’s Push for Higher Wages
New York Times 03/18/2015
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