Japan's financial market conditions are improving due to decline in risk aversion, reports said citing remarks by Bank of Japan Governor Haruhiko Kuroda on Monday.
Japan's financial system remained stable, he said in a speech in Tokyo. Kuroda also maintained that the Japanese economy will return to moderate recovery path as domestic demand and growth in overseas economies pick up.
He reiterated BoJ's commitment to achieve 2 percent inflation in two years and also noted that some of the indicators pointed to a rise in inflation expectations.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.