TOKYO (Reuters) – Bank of Japan (BOJ) policymakers discussed growing prospects the country could see higher wage growth and sustained inflation next year, a summary of opinions at their December meeting showed on Wednesday.
When the BOJ eyes an exit from ultra-loose policy, it must scrutinise any risks associated with rising interest rates and whether market players are ready for such a move and any risks, one member was quoted as saying.
At the Dec. 19-20 meeting, the BOJ kept its ultra-easy policy but shocked markets with a surprise tweak to its bond yield control that allows long-term interest rates to rise more.
(Reporting by Leika Kihara; Editing by Christopher Cushing)
