The Bank of Japan (BOJ) published the minutes of its April monetary policy meeting, with the key highlights found below.
Agreed strong uncertainty over timing of when pandemic will be contained, impact of virus on overseas, domestic economies.
A few members said prolonged economic weakness could lead to rising credit costs for banks, hurt financial intermediation.
A few members said BOJ should buy bonds aggressively to keep yield curve stably low.
more to come …
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