BOJ policy board members raised concerns over weakening yen's impact on inflation and consumer sentiment in June.

Bank of Japan (BOJ) policy board members voiced concerns in June over the weakening yen's potential impact on inflation and consumer sentiment. They highlighted risks of a weak currency leading to higher import prices and potential negative effects on households' real income and sentiment. BOJ members discussed possible adjustments to monetary easing if inflation overshoots due to cost-push pressure, and the central bank's decision to outline a bond tapering plan over the next one to two years.

August 05, 2024
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