Bank of Japan Oct Minutes: Members agreed must maintain current easy policy to hit price target – by fx_ross BOJ Currencies CentralBanks
, not to be m, mistaken for the most recent meeting where a surprising tweak was made to the central bank's monetary policy, sending the yen on a tear.BoJ October meeting minutes: Members agreed must maintain the current easy policy to stably, and sustainably hit the price target.BoJ minutes: One member said the effect of BoJ\s easing may be heightening as a moderate increase in inflation expectations push down real interest rates.
A few members said recent sharp yen falls heightening uncertainty for firms, have many demerits for Japan's economyOne member said increase in BoJ's bond buying to keep yield curve from rising has a stimulative effect on economy by channelling more money to market.One member said the fact that long-term interest rates remain at low level has big positive impact on economy.One member said bond market stability is important, must monitor market developments carefully.
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