BoJ’s Masu: Need to scrutinize how costs transfer after current spike in value of rice moderates

Financial institution of Japan’s (BoJ) new board member Kazuyuki Masu mentioned on Tuesday, he would “wish to scrutinize how costs transfer after current spike in value of rice moderates.”

Further quotes

Haven’t any robust disagreement to the BoJ’s view underlying inflation continues to be wanting 2%.

Vehicles are mainstay of Japan’s export to the US, so shouldn’t have any pre-set thought on affect on Japan’s financial system till commerce talks with the US resolved.