Free Trial

MNI BRIEF: BOJ's Nakagawa: Energy Cost Impact From Ukraine War

TOKYO (MNI)

Moscow's invasion of Ukraine will impact the global economy through higher energy prices that will affect Japan commercially via slower growth in Europe, which has deep financial links with Russia, Bank of Japan board member Junko Nakagawa told reporters on Thursday.

Nakagawa said the BOJ must carefully watch economic and price conditions, but did not elaborate on how seriously Japan’s outlook will be weighed down by an economic slowdown in Europe or any steps in response the central bank could consider, see: MNI BRIEF: BOJ's Nakagawa Sees Japan Core CPI Rise Near 2%.

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.