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
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As recent market turmoil in uk has shown, the reaction of market participants to policy decisions and announcements could significantly impact asset prices
Full (PDF) text is here: Keynote Speech at the ASEAN+3 Economic Cooperation and Financial Stability Forum Held by the ASEAN+3 Macroeconomic Research Office
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.
