July 21, 2021  Bank of Japan  Japan's Economy and Monetary Policy Speech at a Meeting with Local Leaders in Niigata (via webcast)  AMAMIYA Masayoshi Deputy Governor of the Bank of Japan (English translation based on the Japanese original)  Introduction It is my pleasure to have the opportunity today to exchange views with leaders in administrative, financial, and economic areas in Niigata Prefecture, which is taking place online due to the continuing impact of the novel coronavirus (COVID-19).
He sees a clear risk of central bank complacency allowing the inﬂationary (big) cat out of the bag. [8] Whilst it is clear that the United Kingdom ﬁnds itself in a different position and is facing quite another inﬂation outlook than the euro area, I believe that the sharp rise in government debt during the crisis also has a role to play.