Bank of Japan's MP Meeting Minutes, April 04

The Bank of Japan released the minutes from its 8 and 9 April Monetary Policy Meeting on 25 May. Some Policy Board members said domestic long-term interest rates needed close monitoring and cited the risk of long-term interest rates rising before there were clear signs that Japan would overcome deflation.

Many members said recent moves in long-term interest rates and stock prices were generally in line with economic conditions.

Some members said long-term interest rates needed close monitoring as

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