TOKYO, July 13- Japan's government on Wednesday cut its forecasts for consumer prices and economic growth, a blow to the Bank of Japan's ambitious project to achieve 2 percent inflation with massive purchases of government debt. The government expects consumer prices to rise 0.4 percent in the current fiscal year ending in March 2017, down from a 1.2 percent... » Read More
Jane Foley, senior currency strategist at Rabobank, says the Bank of Japan's monetary policy could work as it set its target with deflation and not inflation as previously tried in the U.K.
Hiroshi Watanabe, President & CEO at Japan Bank for International Cooperation is optimistic on Japan markets with Shinzo Abe at the helm and Haruhiko Kuroda at the BOJ. He expects the inflation rate and wages to rise.
The Bank of Japan unveiled sweeping changes to its monetary policy, making clear that it will do all it can to achieve a 2 percent inflation target. But is that enough?
Simon Derrick, chief currency strategist, BNY Mellon, discusses the Bank of Japan's Governor's pledge to do "whatever it takes" to end deflation and says there's only so much central bankers can do.
Falling consumer prices highlighted how challenging it could be for Japan to achieve the 2 percent inflation target, which analysts say is unlikely anytime soon.
Bank of Japan Governor Haruhiko Kuroda said the central bank will seek to push down yields across the curve by purchasing longer-dated government bonds, underscoring its resolve to aggressively beat deflation.
CNBC's Rick Santelli explains why he is taking aim at Japanese government bonds.
Ed Rogers, Chairman at Barbour Griffith & Rogers tells CNBC that Japan's goal is to create inflation and that the Abe government will find a way to make it happen.
Henry Blodget, Business Insider CEO & editor-in-chief, weighs in on the "new way to wage war" and what the United States should do to protect itself from hackers.
Henry Blodget, Business Insider CEO & editor-in-chief, weighs in on Einhorn's case against Apple, the FBI's investigation of potential insider trading in Heinz, and Dell going private.
Jesper Koll, MD & Head of Japanese Equity Research, JPMorgan Securities sheds light on Japan's incentives to raise base pay that the government hopes will result in higher consumer spending.
Bill Gross, Co-CIO, Founder & Managing Director of PIMCO, provides his perspective on bonds, the run in equities, and America's credit bubble.
The euro zone can begin 2013 with more confidence than last year but it is up to governments to carry the bloc forward with reforms while the European Central Bank delivers stable prices, ECB President Mario Draghi said on Tuesday.
The Bank of Japan is doubling its inflation target to 2 percent, and will begin the program in 2014, with CNBC's David Faber.
Gold edged up, but trailed platinum's rise, helped by gains in agricultural and energy prices.
The Swiss government said it was cautiously optimistic for the economic outlook assuming the euro zone debt crisis does not again escalate even as it trimmed its growth forecast for 2013 to 1.3 percent.
"The growth is in the emerging markets," said Curtis Arledge, CEO of BNY Mellon Investment Management, sharing his investment strategies for next year, ahead of a looming U.S. cliff, European uncertainty, and deflation worries.
Is housing turning out to be a bright spot in the economy? Eli Broad, The Broad Foundation, and Terry Duffy, CME Group Executive Chairman, discuss.
There is a legendary quote from the movie Top Gun when the commanding officer berates one of his ace pilots with the line: "Son, your ego is writing checks your body can't cash."
"People are going into it with very low expectations," says Jim O'Neill, Goldman Sachs Asset Management chairman, providing a preview of this week's European summit.