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12 Mar 2013
BoJ minutes: More easing through longer-dated JGBs, riskier assets an option
Minutes of the BoJ Monetary Policy Meeting on February 13 and 14 have been published, with members still on agreement to pursue aggressive easing to achieve target inflation.
There was a shift of focus by some members towards buying longer dated JGBs (Japanese bonds) as another option to consider down the road. Purchases of risky assets was not discarded either.
With regards to Japan's economic outlook, the minutes note: "Japan's economy appears to stop weakening."
There was a shift of focus by some members towards buying longer dated JGBs (Japanese bonds) as another option to consider down the road. Purchases of risky assets was not discarded either.
With regards to Japan's economic outlook, the minutes note: "Japan's economy appears to stop weakening."