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Japan's economy and monetary policy

· Haruhiko Kuroda, Governor of the Bank of Japan (Japan)

Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, growth, investment and productivity, labour markets and jobs

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· Haruhiko Kuroda Wiki · Bank of Japan WikiJapan's economy and monetary policy

ContextSpeech to business leaders in Osaka; the Bank of Japan pursues price stability and keeps easy policy amid a weak yen.

Why it mattersKuroda continues easing as costs rise and wages lag.

Problems raised
  1. Japan's economy is recovering slowly.
  2. Costs are rising.
  3. Wages are not increasing enough.
Solutions proposed
  1. Continue monetary easing.
  2. Support wage growth.
  3. Engage with business leaders.
Read full speech on bis.org ↗

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