recent rises in Japan’s food, rice prices stronger than expected at time of BOJ’s May policy meeting, watching developments carefully
That comment sounds rather hawkish, doesn't it? The rest that follow are not nearly so hawkish though,
BOJ’s weighted median inflation still below 2%, must scrutinise whether momentum for stable inflation is becoming embedded in Japan’s economyinappropriate to say now specific timing of next rate hike due to high uncertainty over the economic outlook Keeping close eye out on possible second-round effect on inflation expectations, underlying inflation from rising prices of Japan’s staple ricerecent rise in consumer inflation driven mostly by cost-push factors such as higher prices of rice, food items BOJ must debate how much it should eventually shrink its expanded balance sheet, balance of JGB holdingsBOJ not thinking of unloading its ETF holdings immediately This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about boj official says recent rises in japan s food rice prices stronger than expected was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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