<p>Bank of Japan January minutes,<a href="https://ift.tt/f3HEkLu" target="_blank" rel="nofollow"> full text here.</a> </p><p>Headlines via Reuters:</p><ul><li> Members agreed Japan's economy expected to recover</li><li>Members agreed Japan's <a href="https://ift.tt/JZCnymS" class="terms__main-term" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa" target="_blank">inflation</a> likely to slow toward latter half of next fiscal year</li><li>One member said there is good chance inflation will remain fairly elevated</li><li>One member said corporate pass-on of costs will likely peak out in latter half of this year</li><li>Members shared view underlying rise in inflation likely to lead to sustained price rise backed by wage hikes</li><li>One member said Japan's economic recovery may slow given uncertainty on overseas developments</li><li>Members agreed boost to consumption from pent-up demand may turn out to be weaker than expected depending on covid developments</li><li>Members agreed there was risk inflation, wages could rise more than expected</li></ul><p>more to come </p><p>---</p><p>From earlier in the session, background to this.</p><p>From the January meeting summary:</p><ul><li><a href="https://ift.tt/7HbCqy5" rel="follow" target="_blank" class="article-link">BOJ announces no change to JGB yield band</a></li></ul><p class="text-align-start vertical-align-baseline">The BOJ did do a little tinkering:</p><ul><li><a href="https://ift.tt/xmwpfNv" rel="follow" target="_blank" class="article-link">BOJ unveils new tool to defend yield control policy</a></li></ul><p>BOJ meeting minutes are preceded, by many, many weeks, by the 'Summary of Opinions' of the meeting. For January this is here:</p><ul><li><a href="https://ift.tt/B3cRLyF" rel="follow" target="_blank" class="article-link">BoJ January policy meeting Summary of Opinions - more time needed to assess December move</a></li><li><a href="https://ift.tt/RUQBopP" rel="follow" target="_blank" class="article-link">Was there heated debate at the Bank of Japan January meeting?</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.

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