Bank of Japan June meeting minutes - view that import prices rising due to yen fall ...Middle East

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Bank of Japan June meeting minutes A few members said import prices rising due to recent yen fall, creating upside inflation riskOne member said cost-push inflation could heighten underlying inflation if it leads to higher inflation expectations, wage increasesOne member said pass-through of higher labour costs accelerating, could appear in consumer inflationOne member said BOJ might need to consider adjusting degree of monetary easing as inflation might overshoot due to renewed cost-push pressureOne member said BOJ must raise rates at appropriate timing without delayOne member said rate hike must be done only after inflation makes clear rebound, data confirms heightening in inflation expect

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