CoinVoice Latest News: The minutes from the Bank of Japan's October policy meeting show that one committee member stated that inflation expectations among businesses and households have reached 2%, and there is a need to be vigilant about the risk of rising prices. One committee member noted that fiscal policy is an important factor in setting economic and price forecasts.

A few committee members pointed out that core inflation is gradually accelerating but has not yet reached 2%. One committee member expressed hope that Japan will achieve the Bank of Japan's price target by next spring, at which point wage growth may be needed to reach the target.

Several committee members indicated that the depreciation of the yen may lead to inflation overshooting by pushing up import prices. [Original link]