Goushi Kataoka: Economic activity, prices, and monetary policy in Japan

Speech by Mr Goushi Kataoka, Member of the Policy Board of the Bank of Japan, at a meeting with business leaders, Kanagawa, 6 September 2018.

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

I. Economic Activity and Prices

A. Recent Developments and Outlook for Economic Activity at Home and Abroad

I would like to start my speech by looking at global economic trends affecting Japan's economy. I expect the global economy to grow moderately in 2018, accompanied by improvements in business fixed investment and exports.