BOJ minutes - inflation pick up likely to lack strength

Author: Eamonn Sheridan | Category: Central Banks

Bank of Japan April meeting minutes, full text is here

  • members agreed Japan's economy likely to recover ahead
  • a few members said positive cycle in which rising income leads to higher spending gradually beginning to kick off 
  • members agreed impact of cellphone fee cuts on inflation likely temporary
  • a few members said pickup in inflation likely to lack strength
  • one member said corporate funding conditions remain severe among service 
  • one member said must be mindful of any signs of increase in bankruptcy numbers
Yen is not bothered, barely moving. As I said earlier, the minutes are preceded by the 'Summary of Opinions' by many weeks. 

Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose