Kuroda, Governor of the Bank of Japan, emphasized that there is a high degree of uncertainty in the global economy as inflation continues, and that monetary easing will continue to support the economy.
In his speech at the New Year's party of the Japanese Bankers Association held in Tokyo, Governor Kuroda commented on the outlook for the global economy this year, saying, "There remains high uncertainty over inflationary trends, geopolitical risks, and the impact of infectious diseases. Inflation is expected to continue declining, albeit at a high level, while overseas economic growth is expected to slow."
On top of that, the Japanese economy is expected to continue to grow relatively firmly and stably, mainly due to the economic resumption from the corona crisis and the fact that the accommodative financial environment is maintained.As the Bank of Japan, The Bank intends to continue monetary easing in order to firmly support the economy and achieve the price stability target in a sustained and stable manner while also increasing wages." did.