Bank of Japan Governor "Patient Inspection for Weak Movements in Corporate Production Activities"
The Bank of Japan held a meeting with branch managers nationwide on the 15th, and Governor Kuroda said that the economy was modulated due to weak movements in corporate production activities due to a series of natural disasters such as typhoon 19 last October. He said that he would carefully check for any problems.
The Bank of Japan held a branch manager meeting at its head office in Tokyo on March 15, attended by branch managers nationwide.
Regarding the domestic economy, Governor Kuroda said, `` We have seen weak movements in exports, production and corporate sentiment due to the effects of the slowdown in overseas economies and natural disasters, '' such as Typhoon No. 19 last October. Pointed out that the damage caused by the company is still affecting the production activities of companies.
Regarding economic judgments, he expressed the same perception that "the underlying trend is expanding moderately".
On the other hand, regarding future monetary policy, he stated that he will continue to implement the current large-scale monetary easing measures, and said, `` We will conduct a risk check and add more if the risk of inflation rising is likely to be impaired. The government will carefully check for any signs of economic upheaval.
At a meeting on the 15th, the Bank of Japan will exchange opinions on the effects of the typhoon and consumption trends after the consumption tax hike, and will publish the economic judgments of the nine regions nationwide in the "Regional Economic Report" or "Sakura Report".