boj minutes, 2002-02-08
These members continued that the current 1.5-1.6 percent level would not lead to panic in the market, and given the possibility that JGBs might be downgraded and the market's concerns over the medium- to long-term fiscal outlook, the Bank should bear in mind the risk that an increase in its outright purchases of JGBs might on the contrary have adverse effects.
Sentiment: neutral
Topic: mp_interest_rate