TOKYO (Reuters) – Bank of Japan (BOJ) board members agreed that the central bank must scrutinise how the yen’s recent sharp moves could affect inflation, minutes of the BOJ’s July policy meeting showed on Wednesday.
One member said the downward pressure on the yen may ease as the global economic slowdown begins to weigh on inflation and long-term interest rates across the world, the minutes showed.
(Reporting by Leika Kihara; Editing by Christian Schmollinger)
