IMF’s Srinivasan cites uncertainty over BoJ monetary policy amid rise in inflation

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IMF’s Srinivasan cites uncertainty over BoJ monetary policy amid rise in inflation

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    “The IMF warned of “uncertainty” around the direction of Japan’s monetary policy, saying a possible shift from ultra-low interest rates could have a significant impact on global financial markets,” said Reuters while sharing comments from International Monetary Fund’s (IMF) Asia and Pacific Department Director Krishna Srinivasan early Thursday.

    The IMF Official also pointed to risks surrounding Asia’s economic outlook including from weakening exports to advanced economies, slowing productivity in China and a fragmentation of global trade while speaking at the Asian Development Bank’s annual meeting in Incheon.

    Also read: IMF: Growth in Middle East, Central Asia to slow amid global challenges

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