Bank of Japan April monetary policy meeting minutes

Some of the highlights (via Reuters)

  • most members shared view medium- to long-term inflation expectations were likely to follow an increasing trend, gradually converge to 2%
  • one member said if inflation momentum was lost, BOJ should flexibly and decisively conduct additional easing
  • a different member said it was necessary to strengthen monetary easing at this point toward achieving 2% inflation target at earliest possible time
  • one member said BOJ must constantly consider measures that enhance sustainability of current policy framework
  • Many members said given high uncertainty on economic outlook, it was important to make clearer BOJ's stance of persistently continuing with current powerful easing

Full text is here