Bank of Japan's Monetary Policy Meeting Minutes

Minutes of the Bank of Japan's Monetary Policy Meeting on 9 and 10 October 2003, released 27 November. Consumer prices were basically projected to continue falling gradually although it was possible that the year-on-year decline might stop temporarily depending on future temporary factors, the minutes said. With regard to the enhancement of monetary policy transparency, members agreed that it was important to enhance the transparency of the Bank's evaluation of developments of Japan's economy