Minutes of BOJ monetary policy meeting, 30 April
I. Summary of Staff Reports on Economic and Financial Developments
A. Money Market Operations in the Intermeeting Period
Market operations in the intermeeting period were conducted in accordance with the guideline determined at the previous meeting on April 10 and 11, 2002.
Given that precautionary demand for funds had increased against the background of a system failure of a major bank group, the Bank
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