Hence, we see the case for U.S. assets to reflate, boosting equities.
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That in turn threatens Prime Minister Shinzo Abe's efforts to reflate the economy.
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The BOJ still had tools it could use to reflate the economy, he noted.
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Honda is known as one of the architects of Abe's masterplan to reflate the economy.
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The data offers some relief for policymakers struggling to reflate a stagnant economy with dwindling policy options.
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You cannot deny the impact of the moves they are going to make to reflate the economy.
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Years of heavy buying to reflate growth has left the BOJ holding roughly 45% of the market.
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Shinzo Abe, the Japanese prime minister, pointed out that Japan's stimulus programme is designed to reflate the economy.
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GDP is the broadest measure of whether Prime Minister Shinzo Abe's attempt to reflate the economy is working.
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The West welcomed Chinese efforts to reflate the global economy, even if its exchange rate policy still rankled.
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SINCE the financial crisis, many left-leaning American commentators have yearned for more deficit spending to reflate the economy.
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Years of heavy money printing have helped reflate growth but failed to fire up inflation to the BOJ's target.
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The Fed's quantitative easing also led to tighter spreads and lower volatility, and helped reflate stocks and other risk markets.
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The BOJ's aggressive monetary easing is an essential component of Abe's package of policies to reflate the economy, known as 'Abenomics.
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That would allow the BOJ to ramp up bond buying again and help government finance big fiscal spending to reflate growth.
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Doubts about the outlook suggest that Prime Minister Shinzo Abe's five-year-long 'Abenomics' campaign to reflate the economy is sputtering.
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In 1995 the Bank of Japan lowered its main interest rate to 0.5 percent to try and reflate the flagging economy.
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As part of an effort to push down borrowing costs and reflate the economy, the BOJ adopted negative rates in January last year.
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Investors see this as a distraction for Trump, who they are banking on to reflate the stuttering U.S. economy with ambitious spending plans.
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"A Brexit vote would be a material, negative confidence shock to a region that is struggling to reflate," Goldman said in a note Wednesday.
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Prime Minister Shinzo Abe defended the Bank of Japan's huge stimulus program and said it was to reflate the economy, and was not currency manipulation.
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At the precise time when increased government spending is required to reflate America, the redirection of this funding into tax cuts is almost certainly adverse.
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Prime Minister Shinzo Abe defended the Bank of Japan's massive stimulus program, saying it was intended to reflate the economy and was not currency manipulation.
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The ECB has adopted an ultra-loose monetary policy in order to ward off deflation, strengthen the region's fragile banking sector and reflate the economy.
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The yen weakened earlier on Wednesday after Japan's prime minister unveiled a surprisingly large $265 billion stimulus package to reflate the world's third-largest economy.
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Whether we go straight into a recession from here or the Fed manages to reflate the economy...we're going to end up in the same place.
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That was a major shift for a central bank that has tried in vain for years to reflate the economy and escape deflation through quantitative easing.
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Abe unveiled a surprisingly large 28 trillion yen ($267 billion) stimulus package on Wednesday to reflate the economy, sending Japanese stocks higher and weighing on the yen.
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A dark-horse candidate, little is known about Mori's views on monetary policy, though he has warned against overly relying on monetary policy to reflate Japan's economy.
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The dissenters were not named, but their reservations highlighted the problems the central bank faces trying to boost growth and reflate the economy with dwindling policy ammunition.
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More than five years of heavy money printing have helped reflate the economy but failed to fire up inflation, which remains well below the BOJ's ambitious target.
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Abe said the BOJ's massive stimulus programme, which was part of his signature "Abenomics" policies to reflate the economy, was needed to pull Japan out of chronic deflation.
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Japan's anemic growth is also a credit weakness because Abe's attempts to reflate the economy, known as "Abenomics," have not raised potential growth, Fitch said in a statement.
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Koichi Hamada, an economic adviser to premier Shinzo Abe, told Reuters in February the BOJ should consider buying foreign bonds as part of efforts to reflate the economy.
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Japan's property market has rebounded since late 2012, when Prime Minister Shinzo Abe took office and launched an aggressive monetary easing plan, dubbed Abenomics, to reflate the economy.
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The strategy for recovery from the financial crisis was to reflate asset values by dropping risk-free rates to zero and pushing investors back into risky assets like stocks.
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The rise of populism in the developed world has also made Prime Minister Shinzo Abe look good, despite disenchantment over the failure of his "Abenomics" to reflate Japan's economy.
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While consensus says the yuan must ultimately fall 20 to 25 percent to rebalance the economy and reflate trade numbers, a decline would only lead to more capital flight.
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The Bank of Japan stunned global markets in January by adding negative interest rates to its massive asset-buying programme as it struggles to reflate the long-moribund economy.
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It then became the first central bank to adopt quantitative easing (QE), a policy that floods markets with excess cash to reflate the economy, in 2001 to fight deflation.
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This would not be welcome in Tokyo, where policymakers are struggling to kill off deflation once and for all, stoke inflation, reflate the economy and heal the banking system.
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The BOJ deployed a massive asset-buying program in 2013 to achieve its 2 percent inflation target, which helped reflate growth by boosting manufacturers' profits via a weak yen.
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Under Kuroda's direction, the BOJ deployed in 2013 a radical asset-buying programme intended to reflate the economy out of deflation and target an inflation rate of 2 percent.
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Overnight, Japanese Prime Minister Shinzo Abe said his government would compile a stimulus package of more than $265 billion to reflate the flagging economy, according to Reuters, citing media reports.
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Gross said central banks are "running out of time" to reflate global economies as their aggressive policies including quantitative easing and low, even negative, interest rates are losing their effectiveness.
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But yield curve control (YCC) is a policy that aims to reflate growth by keeping short- and long-term interest rates low, so would curtail market functions to some extent.
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With major central banks having used up most of their ammunition to reflate growth, fiscal policy is drawing global attention as a more useful tool to stave off another recession.
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Massive pump priming by the government and monetary stimulus by the central bank have failed to reflate the economy or generate much growth as Japan suffered two so-called "lost decades".
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He is now also citing the 1998 and 153 story lines: Something "breaks" in the capital markets as central bankers snug up policy, until monetary authorities relent and risk assets reflate.
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BOJ officials sought to downplay BTMU's move as an isolated event and informally stress that it won't prevent the central bank from deepening negative rates if needed to reflate the economy.
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To reflate Japan and reform it, Shinzo Abe, prime minister since December 2012, proposed the three "arrows" of what has become known as Abenomics: monetary stimulus, fiscal "flexibility" and structural reform.
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But many in the nine-member board are wary of topping up an already radical stimulus given the rising cost of prolonged easing and a lack of tools to reflate growth.
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Prime Minister Shinzo Abe is expected to announce yet another delay in a sales tax hike, according to Japanese media, and consider additional fiscal stimulus to reflate an economy skirting recession.
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Although some of them expressed concerns that such a move would signal a failure of his policies to reflate the economy out of stagnation, Abe is widely expected to have his way.
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The bank, and its president Mario Draghi, has been desperately trying to reflate the European economy through a number of stimulus measures that go by cumbersome acronyms such as PSPP and TLTRO.
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BOJ board member Goushi Kataoka has advocated a mix of bigger monetary and fiscal stimulus measures to reflate growth, though he remains a loner in the board in calls for more easing.
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While YCC can reflate growth, it lacks the power to change public perceptions of future price moves, Iwata said, urging the government to keep fiscal policy accommodative and speed up structural reforms.
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Kian's legal team wants "all statements, transcripts, notes, records and memoranda" from federal prosecutors that reflate to anything Flynn said to "any agent, employee, representative or elected official" of the US government.
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But looming uncertainties suggest that Prime Minister Shinzo Abe's program to reflate the economy, known as "Abenomics," is losing momentum and could force policymakers to ponder additional measures to keep the recovery going.
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The European Central Bank (ECB) needs to do something to reflate the economy, but negative interest rates aren't it, said David Hussey, Manulife Asset Management's head of Europe, Australasia and Far East equities.
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Separate data last month showed core consumer prices fell for a seventh straight month and household spending slumped in September, tell-tale signs the government's attempt to reflate the economy is not working.
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The assessment increases the chance that the government will declare an end to deflation, which would amount to a declaration of victory for Prime Minister Shinzo Abe's ambitious campaign to reflate the economy.
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But stubbornly weak price growth forced the BOJ to cut its inflation forecasts, underscoring the challenges the central bank faces as it tries to reflate the economy and coax consumers to spend more.
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He also said an aging population could pose structural challenges for central banks, as it undercuts their economies' growth potential and require them to use more monetary firepower than before to reflate growth.
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Under a radical asset-buying programme launched in 2013, the BOJ helped reflate the economy by boosting exports via a weak yen and improving business sentiment, though inflation has failed to fire up.
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Japan's conservative fund managers turned to higher-yielding foreign bonds, particularly Treasuries, earlier this year after the Bank of Japan stunned markets with its negative interest rate policy to help reflate the economy.
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Kuroda was picked by Abe to take the BOJ's helm in 2013 to deploy one of the "three arrows" of his stimulus policies - aggressive monetary easing to reflate the economy out of grinding deflation.
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That would come as the latest in a series of signals of economic slowdown, clouding the outlook for Prime Minister Shinzo Abe's drive to reflate the economy and spurring calls for more monetary stimulus.
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Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate , but added he was undecided on whether to reappoint Kuroda for another five-year term.
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Markets are rife with speculation the BOJ will expand monetary stimulus in coming months to reflate a stagnant economy, after January's move failed to boost stock prices or arrest an unwelcome rise in the yen.
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TOKYO, Aug 30 (Reuters) - Moody's Investors Service on Tuesday affirmed Japan's A1 sovereign debt rating and maintained a stable outlook, citing ultra-low funding costs and continued progress in government efforts to reflate the economy.
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These contrarian economists seek to explain why decades of Japanese efforts to spark inflation have had the opposite effect, and why similar efforts in the U.S. largely failed to reflate anything besides the stock market.
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Steady growth increases the chance that the government will be able to declare an end to deflation, which would amount to a declaration of victory for Prime Minister Shinzo Abe's ambitious campaign to reflate the economy.
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But he added it was "unnecessary and inappropriate" for the BOJ to bankroll government debt and directly finance fiscal spending, an idea proposed by some academics who call for more radical measures to reflate Japan's economy.
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"This many years into the advent of QE with valuations higher in many countries, particularly the United States and Europe, we're finding that it's more difficult for the central banks to reflate asset prices," he said.
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The BOJ stunned markets by deciding in January to add negative interest rates to its massive asset-buying program in a fresh attempt to reflate the economy and accelerate inflation toward its ambitious 2 percent target.
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That would be the eighth straight year of declines in new bond issuance, offering some relief for premier Shinzo Abe's administration that seeks to balance the need to reflate the economy and fix Japan's tattered finances.
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But stubbornly weak price growth will likely force the BOJ to cut its inflation forecasts, sources say, underscoring the challenges the central bank faces as it tries to reflate the economy and coax consumers into spending more.
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That comes as a bright spot in Japan where there have been sings of an economic slowdown, clouding the outlook for Prime Minister Shinzo Abe's drive to reflate the economy and spurring calls for more monetary stimulus.
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The change in sentiment comes as more investors globally question whether Japan's efforts to reflate the economy - known as Abenomics - has failed, and if its one clear effect, a weakening in the yen, has run its course.
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And then our perpetually bubble-blind Fed will get that opportunity to purchase a humongous amount of securities in order to reflate the bubble once again — which the Fed still won't admit its culpability in, let alone acknowledge.
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On the surface, the intention of the Trump tax cut is to provide relief for middle-class families and businesses, helping to reflate the household balance sheet and provide an incentive for American businesses to develop and expand.
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TOKYO (Reuters) - Japan's prime minister unveiled a surprisingly large $265 billion stimulus package on Wednesday to reflate the world's third-largest economy, adding pressure on the central bank to match the measures with monetary stimulus later this week.
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The Bank of Japan is expected to keep monetary policy steady on Thursday even as volatile financial markets, sluggish global growth and anaemic inflation keep policymakers under pressure to do more to reflate the economy out of stagnation.
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Kuroda was reappointed for another five-year term by premier Shinzo Abe, who hand-picked the former top currency diplomat in 2013 to deploy aggressive monetary easing as one of three arrows of his "Abenomics" policies to reflate growth.
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TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe on Sunday called on central bank governor Haruhiko Kuroda to keep up efforts to reflate the economy, but added he was undecided on whether to reappoint Kuroda for another five-year term.
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WASHINGTON (Reuters) - International Monetary Fund First Deputy Managing Director David Lipton welcomed the Bank of Japan's new policy framework as a boost to its credibility, but called for more vigorous fiscal and structural policies to reflate a fragile economic recovery.
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TOKYO (Reuters) - Japan's prime minister has vowed to make education and childcare a priority over balancing the budget after winning a new mandate from voters on Sunday, as a rapidly-ageing population threatens to undermine his efforts to reflate the economy.
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Abe pitched a plan to delay next year's sales tax hike to fellow ruling party members on Monday, some of whom expressed concerns that such a move would signal a failure of his policies to reflate the economy out of stagnation.
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Germany's refusal to reflate its economy and support the continent's growth is killing the market where the U.S. sold $290 billion worth of goods in the first two months of this year — one-fourth of all U.S. goods sales abroad.
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Japanese Prime Minister Shinzo Abe said on Wednesday his government would compile a stimulus package of more than $265 billion to reflate the flagging economy, media reported, though it is unclear how much will be spent to directly boost growth.
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The yen jumped to an 18-month high against the dollar on Tuesday, extending gains on persistent doubts the Bank of Japan will intervene to stem a dramatic rise that has undermined attempts to reflate the world's third-biggest economy.
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Japanese Prime Minister Shinzo Abe said on Wednesday the government would compile a stimulus package of more than $265 billion to reflate the flagging economy, according to media reports, although it unclear how much will be spent to directly boost growth.
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The Reuters Tankan, which tracks the Bank of Japan's quarterly tankan survey, also found the service sector's mood fell in July to levels last seen in April 2013 when the BOJ embarked on massive monetary stimulus to reflate the economy.
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Sakakibara has long called for a stronger yen and the currency remains far weaker than it was — around 78 yen per dollar — before the launch of Prime Minister Shinzo Abe's push to weaken the yen and reflate the economy in 2012.
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Japan's prime minister pitched a plan to delay next year's sales tax hike to fellow ruling party members on Monday, some of whom expressed concerns that such a move would signal a failure of his policies to reflate the economy out of stagnation.
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The rub for central banks is that what makes asset purchases most effective—a promise not to reverse them, paired with a commitment to reflate a sagging economy—is also most likely to rile politicians worried about fiscal moral hazard and runaway inflation.
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It is part of a broader public dissatisfaction with what has been labeled "Abenomics" the prime minister's plan to reflate the economy out of prolonged stagnation through a combination of aggressive monetary easing, bold fiscal spending and fundamental structural reforms in the economy.
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Earlier, the weakened against the dollar on Wednesday after Japan's prime minister unveiled a surprisingly large $265 billion stimulus package to reflate the world's third-largest economy, and before the Federal Reserve was due to make a statement on its two-day meeting.
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It is part of a broader public dissatisfaction with what has been labeled "Abenomics" – the prime minister's plan to reflate the economy out of prolonged stagnation through a combination of aggressive monetary easing, bold fiscal spending and fundamental structural reforms in the economy.
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TOKYO (Reuters) - Sentiment in Japan's service sector hit a fresh low in May due to worries about oversupply in the housing market and a return to deflation, giving another worrying signal that Prime Minister Shinzo Abe's strategy to reflate the economy is sputtering.
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NEW YORK (Reuters) - The yen jumped to an 21-month high against the dollar on Tuesday, extending gains on persistent doubts the Bank of Japan will intervene to stem a dramatic rise that has undermined attempts to reflate the world's third-biggest economy.
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According to Bloom, however, from that point onwards the clock will start ticking and the goodwill he has successfully built up will start to erode if the President-elect does not show he is making concrete headway with his ambitions to reflate the economy.
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"While food prices are starting to reflate, we expect much of the benefit to be offset by the company's need to invest in price to be more competitive," Joseph Feldman, senior research analyst at the Telsey Advisory Group, told investors ahead of the release.
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NEW YORK (Reuters) - Bond manager Bill Gross, who runs the Janus Global Unconstrained Bond Fund, said central banks are "running out of time" to reflate global economies as their aggressive policies including quantitative easing and low, even negative, interest rates are losing their effectiveness.
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While the dollar has gained steadily so far in February, the enthusiasm among investors that drove it higher after Donald Trump's election, assuming he would reflate the U.S. economy, has been muted by concerns over protectionist trade policy and his attitude to the dollar.
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As the ECB heads into its meeting on March 10, its President Mario Draghi "needs to reassure markets that he can kick start and reflate the European economy," Hussey told CNBC's "Squawk Box, " noting inflation is at multi-year lows due to weak oil and commodity prices.
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From the financial crisis to the eurozone crisis to the efforts by Japan to reflate its economy to the effort by China to deleverage its economy, the policies set by central banks and national governments were the prime mover of investor sentiment and the global outlook.
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The BOJ stunned markets in January by deciding to add negative interest rates to its massive asset-buying program in a fresh attempt to reflate the economy out of the doldrums, but the move has failed to boost stock prices or arrest an unwelcome rise in the yen.
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In other words, supereasy central bank money policy will persist for many years, even decades, and while it may succeed in preventing a shocking economic contraction, it will fail in spurring growth to pre-credit crisis norms that reflate consumer price growth and wages, lift living standards and reduce debts.
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"The 'fear factor' in markets has morphed from being about an emerging market hard-landing and collapsing oil prices to being about the extent of the slowdown in the developed world and the ability of central banks to reflate asset values yet again," analysts at Citi said in a note.
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Much worse-than-expected U.S. jobs numbers last week all but erased the prospect of a June or July Federal Reserve rate hike, one of the few external factors Japanese policymakers had been counting on to weaken the yen against the dollar as they seek to reflate the economy out of stagnation.
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"The European Central Bank and Bank of Japan are openly contemplating 'Helicopter Money' to deal with their excessive leverage hurdles — why the Fed isn't focused on the same, or at least on ways to reflate rather than lean against inflation as a tool to address the debt burden is a mystery," he wrote.
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Much worse-than-expected U.S. jobs numbers last week all but erased the prospect of a June or July Federal Reserve rate hike, one of the few external factors Japanese policymakers had been counting on to weaken the yen against the dollar as they seek to reflate the economy out of stagnation.
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