Bank of Japan Minutes, 16 and 17 February

The Bank of Japan's minutes from its 16 and 17 February monetary policy meeting published on Tuesday 22 March revealed that the policy board again discussed changing a central plank of its policy - the target for commercial banks' reserve deposits.

"Some members said that the possibility could not be ruled out that the outstanding balance of current accounts at the bank might fall slightly below 30 trillion yen," the minutes of the meeting recorded.

One board member said "it would be appropria

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