TOKYO : Several Bank of Japan (BOJ) board members said the central bank must be vigilant to the risk of inflation accelerating more than expected, minutes of the March policy meeting showed on Monday.A few of the nine-member board also said they saw some 'positive signs' emerging in Japan that suggest the
TOKYO : Several Bank of Japan board members said the central bank must be vigilant to the risk of inflation accelerating more than expected, minutes of the March policy meeting showed on Monday.
A few of the nine-member board also said they saw some"positive signs" emerging in Japan that suggest the economy was making progress towards achieving the BOJ's 2 per cent target, the minutes of the March 9-10 meeting showed. At the March meeting, the BOJ maintained its ultra-loose policy, including a 0.5 per cent cap for the 10-year bond yield that had come under attack from markets betting on a near-term interest rate hike in the wake of recent rises in inflation.
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