BOJ Minutes: Members agree inflation trend to keep improving

By FXStreet FXStreet (Bali) – The Bank of Japan Minutes from Oct 6/7 has been released, with the statement highlighting that QQE will continue until 2% inflation is stable, adding that members agree inflation trend to continue to improve.

Key headlines

Many memers agreed underlying trend in inflation would continue to improve

Many members said inflation expectations had been rising on the whole from somewhat longer-term perspective

Members shared the view that while exports and output had recently been flat, domestic demand remained firm

Members shared recognition that price stability target should be achieved in stable manner and that underlying trend in inflation was important in conducting monetary policy
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Source:: FX Street