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Minutes from the Bank of Japan December 19 & 20 meeting

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 y…

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EconoTimes — Reading the Times. Understanding the Future.
  • 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

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