BOJ’s Kuroda warns of uncertain economic fallout from Ukraine crisis

2022.04.11 04:21

FILE PHOTO: Bank of Japan Governor Haruhiko Kuroda attends a news conference in Tokyo, Japan, January 21, 2020. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Monday warned that there was “very high uncertainty” over the impact the Ukraine crisis could have on Japan’s economy through market moves and rising commodity prices.

“Japan’s economy is recovering as a trend, although there are some signs of weakness,” Kuroda said in a speech delivered to a quarterly meeting of the central bank’s branch managers.

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