{
  "id": 155190,
  "title": "Some BOJ members expect inflation boost later this year, minutes show",
  "url": "https://urgent.news/2026/08/05/some-boj-members-expect-inflation-boost-later-this-year-minutes-show",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-05T01:15:41.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/some-boj-members-expect-inflation-boost-later-year-minutes-show-6299481"
  },
  "original_language": "en",
  "account": "On August 5, minutes from the Bank of Japan's June meeting revealed that some members anticipate a notable increase in consumer inflation during the latter half of the fiscal year. These expectations stem from firms planning to raise prices across a broad spectrum of goods. According to the minutes obtained on Wednesday, two out of the eight board members advocated for more aggressive interest rate hikes to bring the central bank's policy rate closer to a neutral level. However, Governor Kazuo Ueda, who had been hospitalized, did not attend the meeting. Prior to the June meeting, the BOJ had increased interest rates to a 31-year peak of 1 percent, responding to surging fuel costs due to the Middle East conflict, a weakening yen, and a tight job market.",
  "summary": null,
  "key_points": [
    "Some BOJ members foresee inflation rise later this year",
    "Two board members push for stronger interest rate hikes",
    "Governor Ueda absent due to hospitalization"
  ],
  "editors_take": "A divide opens within the Bank of Japan as some members foresee rising inflation prompting steeper interest rates, while others may be holding out, judging from the tone of the minutes.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "BoJ Minutes: Members firmly focus on upside inflation risk",
        "url": "https://urgent.news/2026/08/05/boj-minutes-members-firmly-focus-on-upside-inflation-risk",
        "published": "2026-08-05T00:01:49.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}