BoJ Deputy Governor Himino says Japan is seeing inflation in terms of rising consumer prices, adds BoJ is keeping monetary conditions accommodative and gradually adjusting degree of monetary accommodation
Importance
Level 1
- Will continue to scrutinise market moves and their impact on the economy and prices.
- Rising import costs from a weak yen may affect inflation trends.
- BoJ policy is not aimed at FX rates, yet FX shifts impact inflation and the economy.
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