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BoJ's Governor Kuroda: Japan's inflation will begin to slow in 2023
BOJ'S GOVERNOR KURODA: JAPAN'S INFLATION WILL BEGIN TO SLOW IN 2023.
— Breaking Market News (@financialjuice) December 2, 2022
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BOJ'S GOVERNOR KURODA: WHILE THE RISK OF A SUDDEN LOSS OF CONFIDENCE AND AN ASIAN CRISIS DOES NOT APPEAR TO BE SIGNIFICANT AT THIS TIME, POLICYMAKERS SHOULD NOT BE COMPLACENT.
— Breaking Market News (@financialjuice) December 2, 2022
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BOJ Gov. Kuroda says inflation rates around the world are expected to slow gradually
Bank of Japan Governor Kuroda: • Inflation rates around the world are expected to slow gradually and global growth will grow gradually. • Rate of global inflation in 2022 is expected to exceed that of 2021 then decline in 2023, a forecast that applies also to Japan. • As recent market turmoil in uk has shown, the reaction of market participants to policy decisions and announcements could significantly impact asset prices. His comment on declining inflation in 2023 in Japan is something he's said he is expecting in earlier statements. Not much new here at all.