BoJ minutes shows divergence on QE readings

bank-of-japan

Minutes from the Bank of Japan's 20 and 21 December monetary policy meeting, published on Friday, shows members of the policy board were divided over evidence from the central bank's monetary stimulus package.

In October, the BoJ established a ¥35 trillion ($11 billion) asset purchase programme for government securities, commercial paper, corporate bonds, exchange-traded funds and J-Reits in a bid to reduce long-term interest rates.

Minutes from the meeting showed that most members took the view

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