BoJ Kuroda: Impact of the Ukraine crisis on Japan's economy extremely uncertain By ross_burland BOJ USDJPY Currencies
is speaking and says that Japan's economy is likely to recover adding that inflation will clearly accelerate due to a sharp rise in energy prices and the dissipating effect of cellphone fee cuts.The expected rise in inflation is driven by an increase in import costs, which could hurt Japan's economy via a decline in household income, and corporate profits.
Senior BoJ official: Price rise must be accompanied by increases in corporate profits, wages for inflation to sustainably achieve 2%.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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