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BOJ's Kuroda calls for clear, timely policy communication in Asia

BOJ's Kuroda calls for clear, timely policy communication in Asia

FILE PHOTO: 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 October 28, 2022. Kyodo/via REUTERS

TOKYO : Bank of Japan Governor Haruhiko Kuroda said on Friday Asian policymakers must be vigilant to economic risks and offer clear, sufficient and timely communication on their economic policies to "avoid unintended outcomes" in financial markets.

In a recorded speech delivered at an ASEAN+3 seminar, Kuroda also said the rate of global inflation this year is expected to exceed that of 2021 and then decline in 2023, a trend "that also applies to Japan".

Source: Reuters
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