Emerging and commodity-exporting economies are likely to maintain relatively high growth led by domestic demand, and in this situation the continued large-scale monetary easing in advanced economies might accelerate capital inflows to emerging and commodity-exporting economies. Stock and housing prices in these economies have been rising already.
1/2  BIS - Central bankers' speeches  Concerning risks to the outlook, there have been extremely high uncertainties for Japan's economy, including the following: developments in overseas economic activity and prices; developments in the situation surrounding Ukraine and in commodity prices; and the course of COVID-19 at home and abroad and its impact.