• Kyodo

  • SHARE

Bank of Japan board members expect inflation in Japan will accelerate toward the bank’s 2% target, due to higher energy prices, but have raised doubt about the sustainability of that upward momentum, a summary of opinions at a March policy meeting showed Tuesday.

Some members warned of downside risks to prices and the broader economy from recent commodity inflation at the March 17 to 18 meeting, where the policy board decided to maintain its ultraloose monetary policy amid uncertainty stemming from the crisis in Ukraine.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW

PHOTO GALLERY (CLICK TO ENLARGE)