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.
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
BOJ MINUTES: ONE MEMBER SAID ADJUSTMENT TO BOJ'S BOND BUYING AMOUNT SHOULD BE DONE SPENDING PLENTY OF TIME TO AVOID CAUSING SHARP MARKET VOLATILITY
BOJ MINUTES: ONE MEMBER SAID BOJ SHOULD SLOWLY BUT STEADILY MOVE TOWARDS POLICY NORMALISATION WITH AN EYE ON ECONOMIC, PRICE DEVELOPMENTS
BOJ MINUTES: MOF REPRESENTATIVE SAID EXPECTS BOJ TO CONTINUE AIMING FOR ACHIEVEMENT OF 2% INFLATION TARGET IN STABLE, SUSTAINED MANNER
BOJ MINUTES: MEMBER SUGGESTS CAREFUL CONSIDERATION NEEDED FOR ADJUSTMENT TO BOND-BUYING AMOUNT TO PREVENT MARKET VOLATILITY
BOJ MINUTES REVEAL SOME MEMBERS' OPINIONS THAT BOJ'S MARCH MOVE DIFFERS FROM THE MONETARY TIGHTENING PHASE EXPERIENCED IN THE US.
BOJ MEETING MINUTES: MEMBERS SUGGEST REDUCING BOND BUYING AND SHRINKING HOLDINGS IN THE FUTURE.
BOJ MINUTES: LONG-TERM RATES SHOULD BE SET BY MARKETS, SAY MANY MEMBERS
BOJ MINUTES: SOME MEMBERS NOTE DIFFERENCE BETWEEN BOJ'S MARCH MOVE AND TIGHTENING IN US, EUROPE
BOJ MINUTES: A FEW MEMBERS SAID BOJ'S MARCH MOVE IS DIFFERENT FROM THE MONETARY TIGHTENING PHASE EXPERIENCED IN U.S., EUROPE
BOJ MINUTES: SOME MEMBERS SUGGEST REDUCTION IN BOND BUYING AND SHRINKING OF HOLDINGS IN THE FUTURE
BOJ MINUTES: A FEW MEMBERS SAID THE BOJ SHOULD AT SOME POINT IN THE FUTURE REDUCE BOND BUYING AMOUNT, SHRINK ITS BOND HOLDINGS
BOJ MARCH MEETING MINUTES: MEMBER INDICATES LIMITED ECONOMIC IMPACT FROM SHORT-TERM RATE INCREASE TO 0.4%
BOJ MINUTES: MEMBER SUGGESTS GRADUAL ADJUSTMENT OF BOJ'S BOND BUYING AMOUNT TO AVOID MARKET VOLATILITY
BOJ MINUTES: MANY MEMBERS SHARED VIEW LONG-TERM RATES SHOULD BASICALLY BE SET BY MARKETS
BOJ MARCH MEETING MINUTES: ONE MEMBER SAID IMPACT OF RISE IN SHORT-TERM RATE TO AROUND 0.1% ON ECONOMY WILL LIKELY BE LIMITED
BOJ MINUTES SHOW MEMBERS BELIEVE LONG-TERM RATES SHOULD BE SET BY MARKETS
BOJ MARCH MEETING MINUTES: MEMBER NOTES IMPACT OF SHORT-TERM RATE INCREASES