Bank of Japan meeting minutes: A member said that the depreciation of the yen and the rise in long-term interest rates basically reflect fundamental factors such as inflation expectations, which means that the only response to monetary policy is to raise interest rates in a timely and moderate manner.

Bank of Japan meeting minutes: A member said that the depreciation of the yen and the rise in long-term interest rates basically reflect fundamental factors such as inflation expectations, which means that the only response to monetary policy is to raise interest rates in a timely and moderate manner.