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With global central banks accelerating interest rate hikes to tackle inflation, Haruhiko Kuroda will have the task of explaining why he is insisting on staying wedded to stimulus.

(Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank updates forecasts widely expected to predict the strongest annual inflation since 1992 outside tax hike years.

The reassurance on the key pledge and cooperation between ministry officials and the central bank will likely temper market speculation of an early stimulus exit.

BOJ’s Kuroda Maximizes Flexibility Ahead of Crucial Two Months Bloomberg 1/21/2021 Toru Fujioka and Sumio Ito (Bloomberg) -- Bank of Japan Governor Haruhiko Kuroda looked to keep all his options open for a policy review in March following two critical months that will likely determine whether the pandemic will ease or take a turn for the worse. Speaking at a press briefing after the central bank left all of its main policy settings unchanged, Kuroda spent much of his time counting nothing out of the review into the mechanics of the bank’s stimulus program. The one point ...