Minutes of the Bank of Japan's Monetary Policy Meeting on 11 and 12 September 2003, released 16 October. Members agreed that economic activity still continued to be virtually flat as a whole, although signs of improvement had been observed in such areas as the environment for exports. Regarding the outlook, they agreed that with the recovery in overseas economies, the uptrend in exports and production would resume gradually, which in turn would initiate the momentum for an economic recovery i
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