BOJ Governor Kuroda on Global Inflation Concerns, Policy

May.28 -- Global inflation has become a key theme in the market as price pressures pick up. Bank of Japan Governor Haruhiko Kuroda discusses the central bank's outlook on inflation and policy in an exclusive interview.

[MBarberfanlife]

You don't need 2% inflation. It's not like Japan's deflation is sudden and unexpected...nor sharp.

[iwx]

Based Jap has been in the workforce 50 years+, also it's rare for someone who has lived there whole life in Japan to speak English this well.

[DeptalJexus]

He has his own principle I understand. But his principle is holding back Japan economy until himself retired next year.

[akashjhaveri]

So comforting that the most important people in the world economically speaking read their answers from pieces of paper (JPow too last press conference)

[Rnankn]

What an expressive speaker. Central bankers never speak with their hands or emote

[danielong]

purposely letting yen weaken, how is that not currency manipulation?

[ar-strategicadvisory]

If we look at asset prices and at inflation as a function of interest rates and unemployment rate, the environment should naturally be deflationary medium term given the current demographic dynamics and global challenges (e.g. climate change, oil preservation, robotics, water management).
Beyond localized cases and disruptive events in supply chains it is hazardous, at current conditions, to see sustained inflation above 2%.
Inflation then is a function of M1-M2 supply plus money velocity, so the fact that central banks are expanding balance sheets (with MMT policies) does not mean there is plenty of money out there in the streets to justify prolonged higher inflation expectations (well above 2%).

[qttelescope]

Its ashame...please dont read papers...
Comment from Japanese.