BoJ meeting minutes 20-21 September: Many members said inflation expectations may take some time to recover

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7 November 2016

BoJ meeting minutes 20-21 September: Many members said inflation expectations may take some time to recover

Some members said caution about inflation may last longer than expected
Many members shared the view that QQE lowered real interest rates by raising inflation expectations and push down nominal interest rates
One member said that it was necessary for the implementation of monetary policy to increase inflation expectations

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