BOJ Minutes Reveal Concerns Over Weak Yen and Inflation Risks

June discussions highlighted the impact of yen depreciation on consumer sentiment and the potential need for interest rate hikes.

Policy board members debated early interest rate increases to address inflation risks.
Weak yen was identified as a key factor pushing up import prices and inflation.
Concerns were raised about the negative effects on household real income and consumer demand.
The BOJ decided in July to raise interest rates for the first time in 15 years.
Future rate hikes are anticipated, with market focus on upcoming BOJ speeches for guidance.