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

(MNI) Tokyo
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

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