boj minutes, 2024-01-23
Based on the above discussions, members agreed that it was important for the Bank to explain the following to the public on occasions such as the governor's press conference: (1) going forward, if achievement of the price stability target came in sight, the Bank would determine whether to continue with its large-scale monetary easing measures, including the negative interest rate policy; (2) in doing so, even if the Bank revised various monetary easing measures, financial conditions were highly likely to remain accommodative, given the current outlook for economic activity and prices; and (3) in revising various monetary easing measures, the Bank would take account of, for example, market developments and work to avoid creating discontinuity before and after policy change.
Sentiment: neutral
Topic: mp_interest_rate