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19 Feb 2013
BoJ minutes overshadowed by Aso's headlines
The BoJ Minutes has been overshadowed by recent comments from Japan's Finance Minister Mr. Aso, who said there is currently no plans to buy foreign bonds through plans.
Such comments were ironically a contradiction of what Japan's Economic Minister Mr. Amari said right at the same time, noting that foreign bon purchases in an option, comments that are in line with Japan's Prime Minister Mr. Abe from yesterday.
Back to the BoJ minutes, the minutes showed certain reservations from a few members with regards to the upgraded economic outlook for the country, after the statement read that the economy is thought to return to a moderate recovery path. Besides, two BoJ members said extending the maturity of BOJ bond buys was an option.
Such comments were ironically a contradiction of what Japan's Economic Minister Mr. Amari said right at the same time, noting that foreign bon purchases in an option, comments that are in line with Japan's Prime Minister Mr. Abe from yesterday.
Back to the BoJ minutes, the minutes showed certain reservations from a few members with regards to the upgraded economic outlook for the country, after the statement read that the economy is thought to return to a moderate recovery path. Besides, two BoJ members said extending the maturity of BOJ bond buys was an option.