MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
- 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
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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
