boj minutes, 2019-12-19
With regard to the outlook, despite such effects as of the decline in crude oil prices for the time being, the year-on-year rate of change in the CPI for all items less fresh food was likely to increase gradually toward 2 percent, mainly on the back of the output gap remaining positive and medium- to long-term inflation expectations rising, both in a situation where the economy continued on an expanding trend.
Sentiment: neutral
Topic: mp_inflation