Bank of Japan Mar 19 meeting minutes

TOKYO - Key points from minutes issued by the Bank of Japan (BOJ) on May 1 from the meeting of its Policy Board on Mar 19.

ARTICLE - The board voted 8-1 to target the amount of reserves at the central bank instead of traditional interest rates. Eiko Shinotsuka opposed the decision.

The board voted 8-1 to boost the volume of current account deposits, orreserves, parked at the central bank to five trillion yen ($40.5 billion)from four trillion yen, in effect resuming an 18-month experiment with f

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