Bank of Japan April monetary policy meeting minutes
Some of the highlights (via Reuters)
- most members shared view medium- to long-term inflation expectations were likely to follow an increasing trend, gradually converge to 2%
- one member said if inflation momentum was lost, BOJ should flexibly and decisively conduct additional easing
- a different member said it was necessary to strengthen monetary easing at this point toward achieving 2% inflation target at earliest possible time
- one member said BOJ must constantly consider measures that enhance sustainability of current policy framework
Many members said given high uncertainty on economic outlook, it was important to make clearer BOJ's stance of persistently continuing with current powerful easing
