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- BoJ Gov Kuroda: expect inflation, wages to accelerate ahead and help heighten inflation expectations - Minutes
BoJ Gov Kuroda: expect inflation, wages to accelerate ahead and help heighten inflation expectations - Minutes
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Expect prices of processed goods, daily necessities to accelerate as private consumption increases gradually
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Japan households becoming more accepting to price hikes, more retailers raising prices
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BoJ is mindful that prolonged monetary easing risks hurting bank profits, financial intermediation
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BoJ will proceed with powerful monetary easing under yield curve control
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Still some distance to achieving 2 pct inflation target
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One member said ycc does not rule out possibility of 10-yr yield becoming negative
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A few members said BoJ would change market operations if yen appreciation were to impact economy
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Some members said need to avoid hampering functioning of financial system
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One member said a further increase in demand needed to raise prices
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