BOJ debated need for more rate hikes, weak yen impact on prices

TOKYO (Reuters) -- Many Bank of Japan policymakers saw the need to keep raising interest rates, with some calling for timely action on mounting inflationary pressures, minutes of their January meeting showed, highlighting their hawkish bias even before the Iran war boosted ‌oil prices. They also called for increased vigilance to the weak yen's impact on inflation, which they saw as becoming bigger than in the past as companies more actively passed on higher import and labor costs, the minutes sh

By The Korea Herald