Note

BOJ July meeting minutes shed little light

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Bank of Japan policy meeting minutes, from way back in July. I posted earlier these were dated.

The usual array of comments:
  • appropriate to continue easing
  • will take time to hit inflation target
  • need to act promptly, pre-emptively
 
At the same time, data from Japan:

PPI Services for August 0.6% y/y

  • expected 0.5%, prior 0.5% y/y

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