BoJ Minutes: Several members said must be vigilant to risk inflation may accelerate more than expected

“Several members said must be vigilant to risk inflation may accelerate more than expected,” as per the latest Monetary Policy Meeting Minutes from the Bank of Japan (BoJ)

Following the update, USD/JPY stays on the front foot above 135.00

More to come

About the Bank of Japan Monetary Policy Meeting Minutes

The Bank of Japan publishes a study of economic movements in Japan after the actual meeting. These meetings are held to review economic developments inside and outside of Japan and indicate a sign of new fiscal policy. Any changes in this report tend to affect the JPY volatility. Generally speaking, if the BoJ minutes show a hawkish outlook, that is seen as positive (or bullish) for the JPY, while a dovish outlook is seen as negative (or bearish).