12 Aug 2015
BOJ Minutes: Inflation expectations appeared to be rising
FXStreet (Bali) - Bank of Japan Minutes from July 14 and 15 meeting are out, with the Central Bank noting that members shared view inflation expectations appeared to be rising on the whole from a somewhat longer-term perspective.
Headlines via Reuters
Members shared view inflation expectations appeared to be rising on the whole from a somewhat longer-term perspective
One member said cut price forecast as pace of improvement in output gap was likely to remain moderate, inflation expectations appeared to be declining somewhat
Another member said recent pace of improvement in output gap was moderate, rising food costs could weigh on consumption
Members shared the view risks to japan's economic outlook included developments in emerging economies, europe's debt woes and pace of recovery in u.s. economy
A few members said effects of monetary easing on lowering real interest rates were diminishing
Members shared view overseas economies, particularly advanced economies, would continue to recover moderately
Headlines via Reuters
Members shared view inflation expectations appeared to be rising on the whole from a somewhat longer-term perspective
One member said cut price forecast as pace of improvement in output gap was likely to remain moderate, inflation expectations appeared to be declining somewhat
Another member said recent pace of improvement in output gap was moderate, rising food costs could weigh on consumption
Members shared the view risks to japan's economic outlook included developments in emerging economies, europe's debt woes and pace of recovery in u.s. economy
A few members said effects of monetary easing on lowering real interest rates were diminishing
Members shared view overseas economies, particularly advanced economies, would continue to recover moderately