The July meeting of the Bank of Japan was last week, these are from the preceding meeting in June

Headlines via Reuters:

  • Many members agreed need to keep policy easy because 2 pct inflation target still distant
  • One member said 2 pct inflation target is a global standard, can contribute to FX stability
  • One member said the 2% inflation target allows for less freedom, should be more flexible
  • A few members said important to explain how exit will impact BOJ's finances
  • Several members said providing information on exit could cause market turbulence
  • Several members said companies are taking steps to absorb upward pressure on wages

Full text is here:

Minutes of the Monetary Policy Meeting on June 15 and 16, 2017

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Note that the minutes are preceded (by about a month) by the 'Summary of Opinions' that the BOJ publish within just a couple of weeks of meetings. The June 'Summary' is here: BOJ: Increasing number of firms raising wages, significant for higher inflation