Bank of Japan – Minutes (25 and 26 Jan)
The Monetary Policy Board of the Bank of Japan was unanimous in its decision to leave rates unchanged at its last meeting on 25 and 26 January, minutes of that meeting published on Tuesday showed.
Clarifying the level of inflation thought to be consistent with medium to long term price stability, and the introduction of a fixed rate funds supplying operation in December had both helped "spread the strong effects of monetary easing", board members noted. In addition, some members thought these
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