BOJ April meeting minutes out now

21 June 2016, 05:17
Sherif Hasan

Bank of Japan April monetary policy board meeting minutes

  • Underlying trend in inflation improving gradually
  • Japan's economy continuing to recover gradually
  • A few members more cautious on outlook for Japan inflation trend
  • Should consider more flexible JGB purchases
  • A few members said negative rates impair JGB markets stability, impairs financial market function
  • One member ... Effects of QQE diminishing, side effect larger
(Quick headlines via Bloomberg)

Pretty much a same old from the minutes
Note, we do get a sort early heads up on these, a week or so after each meeting Kuroda writes out the 'Summary of opinions', for April we got these a good while ago:

Japan - BOJ Summary of Opinions of the April meeting

Update .... yen strengthening a little :

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