BOJ Summary of Opinions: Chance of inflation pick-up towards 2% as price hikes broaden BOJ CentralBanks USDJPY Inflation
The Bank of Japan published the ‘Summary of Opinions' of its January meeting on Monday, with the key takeaways noted below.
"Consumer inflation may temporarily reach levels of around 1.5per cent in the first half of 2022. Whether that momentum is sustained enough for inflation to stably approach the BOJ's 2per cent target would depend on wage and inflation expectations - or in sum the strength of demand." Information on these pages contains forward-looking statements that involve risks and uncertainties.
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