Bank of Japan Governor Haruhiko Kuroda: The cost increase caused by the depreciation of the yen has been more passed on to domestic prices than before.

date
04/03/2026
Tadao Ueda, Governor of the Bank of Japan: The cost increase caused by the depreciation of the yen is being passed on more to domestic prices than before. I will not comment on the exchange rate level. We are carefully analyzing how foreign exchange fluctuations will affect current and future price trends. We remain vigilant when formulating policy on this matter. It is crucial for the government to ensure that the market trusts the long-term sustainability of public finances.