BOJ minutes show reluctance for price target

According to minutes from the Bank of Japan board's December meeting released on Wednesday 25 January, some members of the BOJ's policy board felt it would be hard to set a desirable rate of inflation.

One member was quoted in the minutes as saying the BOJ should consider indicating a desirable inflation rate in order to anchor expectations of price rises, but others appeared to disagree.

"A few members expressed the view that, since the economy was still in the process of moving toward

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