17:17 - 14.04.2023

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April 14, Fineko/abc.az. "We forecast a recovery in global economic growth after the period of slowdown," ABC.AZ reports, quoting Bank of Japan’s head Kazuo Ueda.

He noted that the unification of the economy will help the Bank of Japan to increase domestic wages and maintain the optimistic economic outlook.

According to G20 participants, core consumer inflation in Japan, which is currently around 3%, is likely to slow to below 2% in the second half of this fiscal year.

"This is because the Central Bank intends to keep its monetary policy extremely loose," Ueda said.