. ♪ >>> this is newsline biz, i am gene otani.ymakers decided on friday to keep the bank short term interest rate in negative territory and they said they'll continue buying government bonds so the long-term rate stays around zero percent. the decision of downgrading the assessment of the economy. policymakers picked up overall but shown weakness in areas. one is rising prices for consumer goods. >> translator: inflation could reach 2% and stay around that level in while and certain periods after that. it depends on crude oil trends and the government's response for that. >> kuroda says the incree of pricing will hurt the budget. the bank's policymakers said another factor that's clouding the outlook of the economy is the conflict in ukraine. there is a lot of uncertainty how it will impact financial markets and commodity prices. >>> consumers in japan are starting to feel the pinch of inflation more acutely. key measure of prices and roads for the six straight months as people are paying more for gasoline and electricity. the int

. >>> this is "newsline" biz, i'm gene otani. the bank of japan has bought a large amount of government bond this is week and has successfully kept the long-term interest rates from rising. the boj wrapped uppity first consecutive unlimited bond buying yield of a quarter of a percent on thursday to buy 2.3 trillion yen or nearly $19 billion of jgbs on wednesday. when bonds are bought on the market, the yields come down. it lowered the ten-year yield briefly. the yield hit the bank's cap of 0.25 earlier this week as traders had been selling jgbs on the assumption the u.s. federal reserve would accelerate its credit tightening. the boj said it would take the necessary steps to keep the long-term rate below its target level. >>> japan's industrial output in february rose for the first time in three months. the industry ministry says the output index rose by 0.1%. growth in the vehicles and transportation industry contributed to the rise. they surveyed manufacturers. the responses indicate a 3.6% increase in output for march and a 9.

i'm gene otani. >>> the benchmark index at the tokyo stock exchange saw strong gains on thursday followingovernight rally in new york. the surge was driven by relief among investors about the outlook for the american economy. the result comes after the u.s. central bank implemented a widely expected interest rate rise. policymakers at the federal reserve lifted the key rate by the 25 percentage point to tackle inflation. fed chair jerome powell said the probability of a recession in the next year is not very high. the nikkei average ended the day at 26,652, up 890 points or nearly 3.5% from wednesday's close. investors placed buy orders almost across the board. the result has extended the nikkei 225's winning streak to four days. analysts say traders are also more positive at the prospects for cease-fire talks between russia and ukraine as well as china's effort to shore up its economy. >>> japan's private sector machining orders have fallen for the first time in months. it's a key figure of capital spending in japan. the cabinet office says orders from manufacturing and nonmanufacturing s