Takako Masai: Economic and financial developments and monetary policy in Japan

Speech by Ms Takako Masai, Member of the Policy Board of the Bank of Japan, at a Seminar, hosted by the Embassy of Japan in Switzerland (Zurich), 6 March 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

Introduction

It is a great honor to have the opportunity today to be invited to this seminar hosted by the Embassy of Japan in Switzerland, and to exchange views with such a distinguished gathering of people representing the economic and financial communities in Switzerland.

Today, I will first touch on economic and financial developments in Japan. After that, I would like to explain the Bank of Japan's monetary policy and then share my views on the challenges and future for the economy.