More from the BOJ April meeting summary of opinions

Earlier headline post is here:

Full text is here

More now (Headlines via Reuters):

  • challenge for BOJ is not to curb inflation, but to pull Japan out of too-low inflation
  • inappropriate to change monetary policy when Ukraine crisis adds to existing downside risks to japan's economy
  • must look at impact of commodity, FX moves on economy and prices, rather than market moves alone, in guiding monetary policy
  • inappropriate to change monetary policy for the purpose of controlling FX rates
  • if it's hard to hit 2% target in projected timeframe, BOJ must be mindful of importance to make its easy policy sustainable
  • MOF representative said govt hopes BOJ guides monetary policy appropriately to achieve sustainable price stability, taking into account impact of Ukraine, pandemic fallout
Bank of Japan Governor Kuroda

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