This Friday at the World Economic Forum (WEF) in Davos, the Governor of the Bank of Japan (BoJ), Haruhiko Kuroda, will participate in a panel discussion titled “Global Economic Outlook: Is this the End of an Era?” The board’s last-month decision to continue its accommodating monetary policy was not a mistake.
“Expect wage growth to pick up speed, which will eventually assist us in stabilising the 2% inflation objective.”
“In the next two years, the economy of Japan might rise by 1% to 2%.”
“The GDP gap is narrowing after two years of 2% growth.”
“Expect inflation rates to start falling in February, with inflation totaling less than 2% by 2023.”
“hopes that the future years’ digital revolution will increase revenue possibilities”
