Bank of Japan meeting minutes: There is a lag period in the impact of interest rate hikes on inflation and the economy

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The minutes of the Bank of Japan meeting showed that a member stated that the impact of interest rate hikes would take 1 to 1.5 years to alleviate inflation and the economy.

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The minutes of the Bank of Japan meeting discuss the trend of long-term interest rates, and members are concerned that the pace of interest rate hikes may affect term premiums