BoJ - inflation to accelerate in Q1

The Bank of Japan's (BoJ) nine-member board ended Thursday's monetary policy meeting by keeping policy unchanged. The Japanese central bank will continue to flood the market with Y30,000 bn -Y35,000 bn of liquidity. But, BoJ governor, Toshihiko Fukui, said he expected inflation to accelerate in first quarter of 2006.

"We could not say today that the consumer price index has stabilised above zero, but from the January data onwards, CPI will show a relatively clear rise," he said. Fukui would,

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