From the minutes of the May 22-23 meeting:
- A few members said BOJ should not rule out any policy options in advance
- A few members said BOJ must be ready to act if risks materialize from Europe
- Members agreed now was the time to assess April easing
- One member worried that yen rise, stock market fall may affect business sentiment
- A few members said long-term forecasts will be hurt if China growth clearly slows
- MOF rep said hopes BOJ guides policy vigorously and decisively
