BOJ’s Kuroda: Don't expect Fed policy to have negative impact on Japan’s economy.

Commenting on the Fed’s hawkish pivot, Bank of Japan (BOJ) Haruhiko Kuroda said, they “don't expect Fed policy to have a negative impact on Japan’s economy.”

Additional comments

“Desirable for fx rates to move stably reflecting fundamentals.”

“Watching fx moves carefully.”

'Very appropriate' for Fed to shift policy given heightening inflation expectations, wages.”

“Desirable for Japan’ economy that the US economy continues to achieve strong growth without excessive inflation.”

“The US monetary tightening has frequently led to weak yen but that is not always the case.”

“Very concerned about the situation in Ukraine, watching closely possible impact on oil price moves.”

“BOJ’s continued massive monetary easing will help boost corporate profits, improve the job market.”