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MNI BRIEE: BOJ Opinions: Must Watch Price Impacts, Wage Hikes

(MNI) Tokyo
TOKYO (MNI)

One Bank of Japan board member warned that the burden on households of price increases differs depending on income groups and regions at the June 16-17 meeting, opinions released on Monday showed.

“The recent rise in inflation is due to higher import prices and therefore will be only temporary. Achieving the price stability target in a stable manner is difficult given developments in the output gap and inflation expectations,” the opinions also said.

“The continuation of monetary easing can be considered effective to encourage sustained wage hikes by firms,” another member said,

MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com
MNI Tokyo Bureau | +81 90-2175-0040 | hiroshi.inoue@marketnews.com

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