Bank of Japan confident of recovery as vaccination speeds up

Economic boost: A flight attendant being vaccinated at the Haneda Airport in Tokyo. A positive economic cycle is kicking off in Japan due to progress made in vaccinations. — AP

TOKYO: Bank of Japan (BoJ) policymakers hope that accelerating coronavirus vaccinations will prop up the economy, but see any inflationary pressures as subdued given the fragile recovery, according to a summary of their debate at a June 17-18 meeting.

Japan has only recently emerged from a fourth wave of infections.