BoJ board reveals miscommunication fears
New ‘summary of opinions’ reveals board is concerned about giving wrong impression
Fears over potential miscommunication added to splits in the Bank of Japan's (BoJ) policy board in December, according to a record of opinions expressed at the meeting, published today (January 8).
The board is in a difficult position. With monetary easing already at record levels some members were concerned any further measures could be rash – either in reality or appearance. But others cautioned that with inflation stuck close to zero it was crucial not to give the impression the central bank
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