Bank of Japan

The central bank must pay particular attention to inflationary risks in guiding policy, says Kazuo Ueda

BOJ widely expected to lift rates in September as inflation pressures grew

Higher bond yields reflect a general reflating of the once stagnant economy

A hike in September, rather than in October, could fuel market bets the BOJ will raise rates once every quarter, some analysts say

Intervention included rare joint action with US, South Korea

It is reportedly concerned about the repayment risks if interest rates rise or the incomes of younger borrowers fall

But he refrains from giving explicit signals on whether the central bank would meet expectations of a September hike

A BOJ board member will take his place

Sources have indicated that the Bank of Japan plans to raise interest rates as soon as September