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BOJ's Kuroda warns of uncertainty, risks to economic outlook

BOJ's Kuroda warns of uncertainty, risks to economic outlook

Bank of Japan Governor Haruhiko Kuroda speaks at a news conference after a Monetary Policy Meeting in Tokyo, Japan in this photo provided by Kyodo on September 22, 2022. Mandatory credit Kyodo/via REUTERS ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. MANDATORY CREDIT. JAPAN OUT. NO COMMERCIAL OR EDITORIAL SALES IN JAPAN

OSAKA : Bank of Japan Governor Haruhiko Kuroda said on Monday uncertainty over the economic outlook was heightening, with recent monetary tightening measures by major central banks seen slowing global growth.

In a speech to business leaders in Osaka, western Japan, Kuroda also said Japan's core consumer inflation was expected to slide below the Bank of Japan's 2 per cent target next year.

Source: Reuters

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