The Governor of the Bank of Japan, Haruhiko Kurodahas offered a press conference on monetary policy in Tokyo.
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It has been observed a global economic slowdown and Japan’s inflation is expected to slow from 2023.
As the recent market turmoil in the UK has shown, the reaction of market participants to monetary policy decisions and announcements could significantly affect asset prices.
The risk of a sudden loss of confidence and a crisis in Asia does not appear to be significant. right now, but policy makers must not be complacent.
ASEAN+3 policy makers must be alert to risks and offer clear, sufficient and timely communication to avoid unwanted results.
Economic activity could be further affected, especially in the euro zone, depending on the prices of raw materials and the development of the situation around Ukraine.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
