April 12, 2010

BOJ Minutes: Some Members Dissented From More Caution

The minutes of the BOJ's March 16-17 policy meeting showed that the two Bank of Japan policy members argued against more cautious steps as the economy recovered. Last month BOJ decided by a split vote (5 to 2) to take more liquidity-boosting steps, doubling the size of its December fund-supplying program.

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