Central Banks
BOJ Is Said to Heighten Focus on Price Impact of Weak Yen
Japanese yen banknotes arranged in Tokyo.
Photographer: Toru Hanai/BloombergBank of Japan officials are paying increasing attention to the yen’s potential impact on inflation, with possible implications for future rate hikes after a likely hold decision next week, according to people familiar with the matter.
The officials see the weak yen as a factor with growing influence, particularly as businesses become more inclined to pass on higher input costs to their customers, according to the people.