Free Trial

MNI BRIEF: BOJ's Kuroda Warns Of Adverse Impact Of Higher CPI

(MNI) Tokyo
TOKYO (MNI)

Bank of Japan Governor Haruhiko Kuroda on Tuesday warned of an adverse impact from cost-push price rises on profits and real incomes for corporates and households respectively but did not mention any potential policy responses.

Kuroda told lawmakers that real incomes will be lowered by high consumer prices, which in turn will have adverse impact on corporate profits, see: MNI SURVEY: BOJ March Tankan Survey To Show Weaker Corp Views.


MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.