Market stable after rate hike, BOJ minutes show

Bank of Japan board members agreed in minutes released Wednesday 13 September that the money market had been stable after it raised interest rates in July for the first time in six years.

Some members said at the 10-11 Aug. meeting that the central bank should carefully explain that it had no preconceptions about future monetary policy, the minutes also showed.

Board members also agreed that they would probably maintain an accommodative monetary environment with very low interest rates for some