The Minutes from the Bank of Japan meeting on August 6 and 7

  • Members shared view that emerging economies had recently been weak
  • Members shared view that while uncertainty remaining at a high level, emerging economies were likely to gradually improve from a somewhat longer-term perspective
  • Members concurred that exports and production had been slowing, sluggishness had beenâ　observed in some areas in private consumption
  • Members concurred that sluggishness in exports, production, and private consumption was only temporary
  • Many members said must be vigilant to effect on Japan's economy if growth in emerging economies, including china, were to decelerate further
  • One member said export slowdown could negatively affect manufacturers' capex attitude

Headlines via Reuters

more to come

Full text: Minutes of the Monetary Policy Meeting on August 6 and 7, 2015