In the new fiscal year, the Bank of Japan announced the agenda of the monetary policy meeting in January, raising the price outlook for 2022.
Policymakers pointed out that it is necessary to manage monetary policy by carefully observing whether rising prices are accompanied by rising wages.
The Bank of Japan has released the agenda of the monetary policy meeting held in January.
According to this, policymakers agreed on the outlook for prices that they would expand the positive range against the backdrop of rising energy prices, and one policymaker said, "From April onward, the wind speed will be 2%. It may rise to a level close to. "
Based on these opinions, the Bank of Japan raised the price outlook for the new fiscal year and 2022 to + 1.1%, up from the 0.9% shown in October last year.
On the other hand, one committee member said, "It is important to determine whether prices will continue to rise with rising wages," and another committee member said, "The prices of things that are familiar to us have risen, and the figures are statistical. There is a possibility that the gap between the feelings of life and the actual feelings of life will widen. "
In addition, as Europe and the United States steered monetary tightening in response to inflation, one member pointed out that "monetary easing is necessary when wages are expected to rise," and several members said "monetary easing." Information should be disseminated so that there is no misunderstanding about the policy of continuing. "