Two BOJ dissenters unite, minutes show

Minutes from the Bank of Japan's November board meeting released on Wednesday 21 December showed two members united in calling for a cut in the target for excess funds in the financial system, consolidating their previously separate proposals into one.

Board members Toshikatsu Fukuma and Atsushi Mizuno proposed lowering the target balance of banks' current account deposits at the BOJ to 27-32 trillion yen ($230-273 billion) from the current 30-35 trillion yen at the Nov. 17-18 meeting, althoug