April rate hike not too late - BOJ minutes

One of the Bank of Japan's nine policy board members called on the central bank to be cautious about hiking interest rates in light of slow wage growth and sluggish consumption, the minutes of the BoJ's Feb 20-21 meeting released Monday 26 March showed.

From a forward-looking perspective, "one member" called for no change in policy "because there was significant uncertainty regarding the future pace of increase in prices, given that the relative weakness in wages and private consumption had no