BOJ's Inaba warns on low short-term rates

Short-term interest rates left at too low levels for too long could ignite inflation concerns among investors, which in turn could push up long-term rates, a senior Bank of Japan official told lawmakers Wednesday 11 April.

BoJ executive director Nobuo Inaba also told the lower house financial affairs committee that the central bank aims to achieve sustained growth under price stability by taking actions on short-term rates.

"There is no truth whatsoever to the suggestion that the BoJ discussed