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

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7 novembro 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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