- Most members shared view momentum for Japan's inflation to reach 2 pct inflation was being maintained
- Some members said factors that would support rise in prices going forward had been increasing
- One member said recent yen depreciation might push up prices in short run but would not raise underlying trend in inflation
- Many members said yield curve control had been functioning as intended, JGB yield curve had been formed smoothly despite global yield rises
-
Many members said BOJ must pursue powerful monetary easing as still long way to go to hit 2 pct inflation target
Here is the full text (PDF): http://www.boj.or.jp/en/mopo/mpmsche_minu/minu_2016/g161220.pdf


Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge
Fed Unveils Stablecoin Rules Under GENIUS Act
Fed Minutes Signal Another Rate Hike by Year-End
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
RBA Says ASX Still Falls Short on Governance and Risk Controls 



