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BOJ’s Amamiya warns of impact on economy from supply disruptions – Metro US

BOJ’s Amamiya warns of impact on economy from supply disruptions

FILE PHOTO: Bank of Japan Deputy Governor Masayoshi Amamiya speaks
FILE PHOTO: Bank of Japan Deputy Governor Masayoshi Amamiya speaks during a Reuters Newsmaker event in Tokyo

TOKYO (Reuters) – Bank of Japan Deputy Governor Masayoshi Amamiya said on Friday the central bank must be vigilant to the impact that supply chain disruptions in Asia could have on the country’s economy.

While Japan’s economy is picking up as a trend, there is high uncertainty over developments regarding the COVID-19 pandemic and the outlook for consumption, Amamiya said in a speech.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)