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. (full story)