BoJ minutes: many members said BoJ should continue with quantitative easing and yield curve control

Market news

26 September 2017

BoJ minutes: many members said BoJ should continue with quantitative easing and yield curve control

Many members said measures of inflation expectations had stopped declining
Many members said companies likely to gradually shift toward raising wages and prices
Some members said 2 pct inflation target is global standard, contributes to fx stability
A few members said jobless rate and output gap need to improve further to reach 2 pct inflation
One member said ETF purchases are excessive, will have adverse impact on pricing of stocks

Major stock exchanges in Europe trading in the red zone: FTSE 7283.05 -18.24 -0.25%, DAX 12564.38 -30.43 -0.24%, CAC 5258.26 -8.87 -0.17%

10-year U.S. treasury yield at 2.216 percent vs U.S. close of 2.22 percent on Monday

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