The Bank of Japan's Governor Kuroda spoke at a meeting of Keidanren, stating that the depreciation of the yen in the foreign exchange market "may have a stronger negative impact on household income through rising prices," while overall benefits. I reiterated the recognition that is larger.
Governor Kuroda of the Bank of Japan gave a lecture at the deliberation meeting held on the 23rd, in which top management of Keidanren member companies participated.
Among them, Governor Kuroda pointed out that the ratio of imported goods to domestic consumption is increasing, and regarding the recent depreciation of the yen in the foreign exchange market, "In recent years, the depreciation of the yen has been a durable consumer goods. It can be confirmed that the effect of pushing up the price of goods is increasing. Therefore, it is possible that the negative impact on household income through the rise in prices is also increasing. "
On the other hand, Governor Kuroda said, "The effect of the depreciation of the yen on boosting profits in overseas businesses is greater than before. The movement of the depreciation of the yen has changed to a basic composition that boosts both the economy and prices. The positive effect is greater than the positive effect, "he said, reiterating the recognition that the depreciation of the yen has greater overall merit.