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BOJ executive saw need for vigilance to 'non-linear' inflation spikes
Koji Nakamura said repeated supply shocks can lift underlying inflation and expectations, as the BOJ weighs steady rate hikes after June’s increase to 1%.
TOKYO, Sept 14 : Japan saw inflation spike due to rising import costs and currency shocks, suggesting such price reactions needed to factor into monetary policy considerations, a central bank official was quoted as saying in conference notes released on Monday.The remark, made at a Bank of Japan-hosted confer