boj minutes, 2002-02-08
Most members agreed that (1) the economy continued to deteriorate, but the standard scenario that "Japan's economy will stop deteriorating towards the second half" of fiscal 2002 remained valid; and (2) downside risks related to the financial side was increasing against the background of a decline in asset prices such as stock prices and emergence of concerns over the financial system.
Sentiment: neutral
Topic: mp_economic_activity