Bank of Japan Minutes, 18 and 19 January

The Bank of Japan's minutes from its 18 and 19 January monetary policy meeting published on Tuesday 22 February revealed that board members discussed lowering the central bank's liquidity target as a response to improved financial stability.

"One member noted that financial institutions' incentives to maintain large current account balances at the bank had been decreasing due to the decline in liquidity risk," the minutes showed.

"The member said that ... it would be appropriate to carefully lo