TOKYO, May 8 (Reuters) - Several Bank of Japan (BOJ)
board members said the central bank must be vigilant to the risk
of inflation accelerating more than expected, minutes of the
March policy meeting showed on Monday.
A few of the nine-member board also said they saw some
"positive signs" emerging in Japan that suggest the economy was
making progress towards achieving the BOJ's 2% target, the
minutes of the March 9-10 meeting showed.
At the March meeting, the BOJ maintained its ultra-loose
policy, including a 0.5% cap for the 10-year bond yield that had
come under attack from markets betting on a near-term interest
rate hike in the wake of recent rises in inflation.
(Reporting by Leika Kihara; Editing by Christian Schmollinger)
Messaging: leika.kihara.reuters.com@reuters.net))
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