BOJ Sep meeting minutes - concerns weak yen could hurt households, small firms, services

Bank of Japan Minutes (link is to the full BOJ text) from the Monetary Policy Meeting held on September 21, 22.

The 'summary' precedes the minutes by many, many weeks: BOJ September. meeting summary: Core inflation likely to increase more slowly in 2023

Headlines via Reuters:

• A few members said need to be vigilant to impact monetary tightening by some central banks could have on global markets
• Members agreed japan's economy is picking up
• Several members said weak yen could hurt households, small firms and non-manufacturers
• One member said weak yen has effect of pushing up domestic economic activity in long-term
• Some members said must expand inbound tourism, capex, hike wages to maximise merits of weak yen
• One member said various indicators on trend inflation rising

JPY JPY The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by The Japanese yen (JPY) is the official currency of Japan and at the time of writing is the third most-traded currency in the world behind only the US dollar and euro.The JPY is used extensively as a reserve currency and is relied upon by forex traders as a safe haven currency.Originally implemented in 1871, the JPY has had a long history and has survived multiple world wars and other events. This was followed by the creation of the Bank of Japan (BoJ) in 1882 and the full oversight of the JPY by Read this Term

Bank of Japan Governor Kuroda