BOJ meeting Minutes released now via ForexLive

The Minutes from the BOJ October 31 meeting:

• Many BOJ members said the BOJ to keep easing until inflation is stable
• BOJ will check risks, make adjustments as needed
• Japan economy continued to recover moderately
• Many members said if downward pressure on prices remained there was a risk that the shift in deflation mindset could be delayed
• Inflation to be around 1% for some time
• Kuroda proposed additional easing
• One member said if the BOJ had not expanded QE it could be seen as breaking its commitment to its price target
• One member said expanded QE is sufficient to meet 2% price target in second half of 2015 fiscal year
• One member said if price target in sight debate about exit strategy would be possible

more to come

Full text is here

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Yen weakening on the release

posted via ForexLive