• Bank of Japan april meeting minutes: members agreed JGB purchases will fluctuate somewhat under YCC

Market news

21 June 2017

Bank of Japan april meeting minutes: members agreed JGB purchases will fluctuate somewhat under YCC

  • Members agreed such fluctuations cause no problem for the BoJ's market operations guidance

  • Members agreed inflation expectations remain weak

  • One member said JGB purchases cannot be maintained next year unless boj starts reducing purchases now

  • Members agreed that gains in industrial production will continue

  • One member said consumer spending is starting to rise in line with gains in incomes

  • Members agreed there is high chance exports will continue to show solid gains

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