BOJ’s Kuroda: Must keep supporting economy by continuing monetary easing

“At this moment, Bank of Japan (BOJ) must continue its support for economic activity by continuing with current monetary easing,” the central bank’s Governor Haruhiko Kuroda said on Wednesday.

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Unless the Fed raises interest rates must faster than more than their forward guidance shows, dollar rate may not be so much affected by US-Japan interest rate differentials.

Our monetary policy is aimed at achieving 2% inflation target in a stable and sustainable manner.

The current 2% inflation is simply caused by higher energy prices, will not be sustainable.

We have to continue our monetary easing to support economic recovery and make the labour market much tighter.

I'm quite sure we can achieve 2% inflation in coming years.

China's COVID-19 lockdowns would affect China’s economy as well as global economy.

Don't think China’s COVID-19 lockdowns would have long-term impact on Chinese, world economies.