BOJ members more confident about inflation, stimulus tweaks floated

Some Bank of Japan policymakers have grown more confident about wage growth and the prospect of attaining the central bank’s 2 percent inflation target, with one member calling for scaling back monetary stimulus from its maximum level, a summary of opinions showed Thursday.

The opinions were expressed at an Oct.30-31 policy-setting meeting where board members retained the existing monetary easing framework but decided to allow long-term interest rates to rise further above the previously rigid ceiling of 1.0 percent.

Citing recent inflation figures and comments by corporate executives about pa...