As noted previously, times have moved on from the Jan meeting.

  • The 'summary' from the meeting was out on January 31, way ahead of these minutes
  • Since then we have already had another meeting, just last week. The summary from this meeting will be published March 26.

Anyway …. headline points:

  • Most BoJ members said it would take time to reach inflation target
  • Appropriate to continue easing persistently

Same old same old

Oh … here we go:

  • One member said undesirable to create situation where markets perceive excessively that there will be no BOJ policy change for time being

Full text is here