We should promote stability in the financial and FX markets. Going forward, domestic and overseas financial markets could show higher volatility due to global inflation and changing expectations about the monetary policy of major economies. We should closely monitor factors causing market unrest and take timely measures to stabilize the markets if needed.
The buildup of household debt has become even more serious, as leveraged investment has expanded in real estate, stocks and even crypto-assets recently. If COVID-19 support measures such as the extension of debt repayment schedules expire, a large number of vulnerable borrowers may face difficulties with debt repayment.