BOJ executive saw need for vigilance to 'non-linear' inflation spikes
Koji Nakamura said repeated supply shocks can lift underlying inflation and expectations, as the BOJ weighs steady rate hikes after June’s increase to 1%.
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BOJ executive saw need for vigilance to 'non-linear' inflation spikes
Global Market: Japan inflation risks put BOJ rate path in focus
Japan’s inflation outlook is becoming increasingly sensitive to import costs, yen movements and supply shocks, raising concerns at the Bank of Japan. Policymakers are assessing whether these pressures could become persistent and influence inflation expectations, as the central bank weighs further rate hikes amid changing domestic and global economic conditions.
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BOJ executive saw need for vigilance to ‘non-linear’ inflation spikes
TOKYO, Sept 14 : Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday.The remark, made at a Bank of Japan-hosted conference on monetary policy in May, highlighted…
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