Kikuo Iwata: Japan's economy and monetary

Speech by Mr Kikuo Iwata, Deputy Governor of the Bank of Japan, at a meeting with business leaders, Aomori, 22 June 2017.

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

Introduction

It is my pleasure to have the opportunity today to exchange views with administrative, financial, and business leaders in Aomori Prefecture. I would also like to take this opportunity to express my sincere gratitude for your cooperation with the activities of the Bank of Japan's Aomori Branch.

Today, I would like to have your views on the actual situation of the local economy, as well as your candid opinions about the Bank's policies and activities. Before exchanging views with you, I will briefly explain the recent economic developments at home and abroad, and then touch on some points regarding monetary policy.