BOJ policymaker Masu warns that yen depreciation may raise inflation expectations

Need to pay attention to whether inflation triggered by yen depreciation may raise inflation expectationsThe risk there is that it may also raise underlying inflationBOJ will continue to raise policy rate in response to economic, price, financial developmentsJapan has clearly entered into inflationary phaseWhat is vital now is to ensure that underlying inflation does not exceed 2%, managed by appropriate policy settingJudged that the situation did not warrant a hasty decision to raise interest rates during April meeting More to come..