boj minutes, 2021-01-21
A different member commented that, while there was a possibility of increased deflationary pressure as the employment and income situation deteriorated due to COVID-19, from a medium- to long-term perspective, there was also a possibility of increased inflationary pressure due to such factors as the passing on of costs resulting from preventive measures against COVID-19 and a rise in raw materials prices, and that it was therefore desirable for the Bank to pay due attention to such a wide range of risks.
Sentiment: neutral
Topic: mp_inflation