• The head of the Bank of Japan Haruhiko Kuroda: I expect that the negative impact of increasing sales tax will be limited

Market news

23 January 2019

The head of the Bank of Japan Haruhiko Kuroda: I expect that the negative impact of increasing sales tax will be limited

  • I do not think that the planned increase in sales tax will have a big impact on the economy

  • We closely monitor the scale of the spring wage increase

  • I do not expect a big downturn in the global economy

  • It is vital to first reach the inflation target, and then normalize the policy

  • I don’t think it’s worth raising interest rates now.

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