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3 Feb 2017
BOJ minutes: Momentum for Japan's inflation to reach 2% inflation maintained
BOJ Dec. meeting minutes has been published, with the Central Bank noting that most members shared view that momentum for Japan's inflation to reach 2 pct inflation was being maintained.
Headlines via Reuters
Some members said factors that would support rise in prices going forward had been increasing
One member said recent yen depreciation might push up prices in short run but would not raise underlying trend in inflation
Many members said yield curve control had been functioning as intended, JGB yield curve had been formed smoothly despite global yield rises
Many members said BOJ must pursue powerful monetary easing as still long way to go to hit 2 pct inflation target