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Kuroda: Will keep up powerful easing with YCC as a pillar
️*KURODA: WILL KEEP UP POWERFUL EASING WITH YCC AS A PILLAR pic.twitter.com/hTbgo6q6rE
— Cable FX Macro (@cablefxmacro) June 7, 2022
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*KURODA: EXPECT CPI TO KEEP RISING AROUND 2%
— Cable FX Macro (@cablefxmacro) June 7, 2022
*BOJ'S KURODA: ECONOMY IS RECOVERING AS A TREND
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Kuroda: The Bank's Semiannual Report on Currency and Monetary Control
I will first explain recent economic and financial developments. Japan's economy has picked up as a trend, although some weakness has been seen in part, mainly due to the impact of the novel coronavirus (COVID-19) and a rise in commodity prices. Overseas economies have recovered on the whole, albeit with variation across countries and regions. In this situation, exports and industrial production have continued to increase as a trend, despite the remaining effects of supply-side constraints. Corporate profits have improved on the whole, but business sentiment has seen a pause in its improvement recently, mainly due to ... (full story)
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