Minutes of Japan's Monetary Policy Meeting

MINUTES - Minutes of the Bank of Japan's Monetary Policy Meeting on 18 and 19 November 2002, released 20 December. The nine member Policy Board considered that it was appropriate to maintain the current guideline for money market operations. Private consumption continued to be weak, with the underlying trend of various sales statistics remaining unchanged. Some indicators showed a deterioration in consumer confidence, and private consumption was likely to be lackluster for some time.

To read p