Members of the Bank of Japan's Monetary Policy Board said that Japan's economy is trending upward and should continue to do so in the short term, minutes from the central bank's January 22 monetary policy meeting revealed on Monday.
Overall inflation is likely to be above 2 percent through fiscal 2024, although it may slow down in fiscal 2025, the members said - although they vowed to continue with easing as long as necessary to reach price stability.
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