At a branch managers' meeting held on the 11th, the Bank of Japan's governor, Kuroda, emphasized the idea of continuing the current large-scale monetary easing measures, saying that uncertainty over the Japanese economy, such as the new corona virus and trends in resource prices, is extremely high. did.
On the 11th, the Bank of Japan held a branch manager meeting once every three months at the head office in Tokyo, attended by branch managers nationwide.
Among them, Governor Kuroda said about the current state of the economy, "There are some weakening movements, but the trend is picking up." It is expected to recover as the effects of supply constraints ease. "
Regarding the outlook for prices, "For the time being, the consumer price index excluding fresh foods is expected to remain at around 2% compared to the previous year due to the impact of rising energy and food prices, but after that, energy The boosting effect of prices will weaken, and the positive range will shrink. "
Governor Kuroda cited the new corona virus and trends in resource prices as risk factors. "Uncertainty over the Japanese economy is extremely high, and it is necessary to pay close attention to trends in the financial and foreign exchange markets and their impact on the economy and prices. There is. "
He emphasized the idea of continuing the current large-scale monetary easing policy and reiterated the idea of taking additional monetary easing if necessary.