BOJ policymakers debated wage outlook at January meeting-summary

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While some board members saw heightening prospects of rising inflation, others said price growth will begin to slow and keep achievement of the BOJ’s 2% inflation target distant, the summary showed.

At the January meeting, the BOJ kept ultra-low interest rates unchanged but beefed up a monetary policy tool to prevent the 10-year bond yield from breaching its 0.5% cap set just a month ago.

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