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BOJ’s Newest Board Member Sees Japan Inflation Creeping Up

  • Nakagawa says Japan’s price pressure is strengthening a little
  • She spoke in debut interview since joining the bank in June
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WATCH: The newest member of the BOJ’s board says she’s seeing a gradual emergence of upward price trends in the economy. Kazunori Takada reports.Source: Bloomberg
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The Bank of Japan’s newest board member said she’s seeing a gradual emergence of upward price trends in the country that bears close watching, even as the bank holds its monetary stimulus in place.

Japan’s consumer prices “don’t look like they will stay around zero forever,” board member Junko Nakagawa said this week in her first interview with the foreign press since joining the bank in June. “The upward pressure is strengthening a little.”