Bank of Japan Meeting Minutes: Several members said that medium- and long-term inflation expectations for households and businesses are rising. Several members said that the range of consumer goods price increases is expected to expand starting in the summer. Several members said that core inflation has recently reached 2%, and we need to focus on stabilizing the inflation growth rate around this level. One member said it is necessary to pay attention to whether long-term inflation expectations will stabilize at around 2%.

Zhitongcaijing · 1d ago
Bank of Japan Meeting Minutes: Several members said that medium- and long-term inflation expectations for households and businesses are rising. Several members said that the range of consumer goods price increases is expected to expand starting in the summer. Several members said that core inflation has recently reached 2%, and we need to focus on stabilizing the inflation growth rate around this level. One member said it is necessary to pay attention to whether long-term inflation expectations will stabilize at around 2%.