Shinichi Uchida is Executive Director/Head of Monetary Policy at the Bank of Japan.

  • BOJ will maintain current powerful easing as supporting economy most important
  • Japan's consumer inflation likely to move around 2% from April but that is mainly due to energy price rises
  • cost-push inflation hurts households' real income, corporate profits and will weigh on Japan's economy
  • Japan's economy picking up as a trend but still in the midst of recovering from pandemic's impact
  • the BOJ will carefully watch the impact of FX moves on Japan's economy and prices