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BOJ discussed inflation risks in subtle shift in board debate
Broadening price rises in Japan prompted some central bank policymakers to warn last month that inflation may overshoot expectations, highlighting the challenge Governor Haruhiko Kuroda faces in justifying ultra-low interest rates.
One board member went as far as saying the Bank of Japan (BOJ) must eventually communicate an exit strategy from ultra-easy policy, a summary of opinions at the September meeting showed.
While many opinions called for the need to keep monetary policy ultra-loose to support the fragile economy, the comments highlight a gradual shift in the balance of the BOJ board once dominated by proponents of aggressive easing.