Some in BOJ said upward price pressure building up - Dec meeting minutes

FILE PHOTO: A Japan yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White

TOKYO (Reuters) - Several Bank of Japan policymakers said consumer inflation was facing upward pressure with prices rising for a wide range of goods, minutes of their December meeting showed on Friday.

But a number of BOJ board members stressed the need for the central bank to maintain its ultra-loose monetary policy with inflation still distant from its 2% target, the minutes showed.

At the December meeting, the BOJ dialled back emergency pandemic funding but maintained its massive stimulus programme.

(Reporting by Leika Kihara; Editing by Chang-Ran Kim)

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