Minutes Show Policymaker Wants BOJ to Consider Further Rate Hikes Further https://t.co/JwX10aKiKQ
BOJ's March minutes show no urgency to raise rates further https://t.co/f48msh8KLe
BOJ MINUTES: MOF REPRESENTATIVE EXPECTS BOJ TO CONTINUE AIMING FOR 2% INFLATION TARGET IN STABLE, SUSTAINED MANNER


Minutes from the Bank of Japan (BOJ) meetings reveal discussions among members about potentially reducing bond buying amounts and shrinking bond holdings in the future. Some members noted the difference between BOJ's actions and monetary tightening in the US and Europe. There were suggestions for gradual adjustments to bond buying amounts to prevent market volatility. Members believe long-term rates should be set by markets. The Ministry of Finance (MOF) representative expects the BOJ to continue aiming for a 2% inflation target in a stable manner.