The results of this morning's MPC meeting were released by Japan's central bank, where bank members agreed that the Bank of Japan must maintain its current monetary easing policy in order to consistently pursue the price target, minutes of the central bank's latest policy meeting showed.
Kazuwa Ueda bought two conditions to begin the possibility of policy change and interest hikes More inflation rises as wages rise.
Members discussed the possibility of inflation exceeding expectations as changes in corporate behavior spread.
Some also predicted wages and sales prices could rise at a significant pace, while others suggested many SMEs were struggling to pass on higher costs, which could hinder wage growth.
