· Haruhiko Kuroda Wiki · Bank of Japan WikiThe Bank's Semiannual Report on Currency and Monetary Control
Read full speech on bis.org ↗ContextStatement before the House of Councillors' financial affairs committee in Tokyo on the bank's semiannual report; the Bank of Japan pursues price stability and must explain its policy to parliament.
Why it mattersKuroda tells parliament that inflation expectations remain low.
Problems raised
- Japan's economy is recovering.
- Inflation expectations are low.
- Financial conditions matter.
Solutions proposed
- Continue monetary easing.
- Improve the output gap.
- Report to the Diet.