Bank of Japan policymakers see the need to maintain ultra-easy policy as inflation is rising only modestly and wage growth remains feeble, a summary of opinions from their October meeting showed on Monday.
The nine-member board also sounded sanguine about recent yen declines, with one member saying it reflected the differentials in the inflation and monetary policy stances between Japan and other countries.
Supply constraints and rising global commodity costs have pushed up inflation across the globe, prodding some central banks to raise interest rates or ponder withdrawing stimulus.