BoJ minutes show govt urged zero rates

The Bank of Japan was urged by the government to keep interest rates at zero when it ended its ultra-easy monetary policy last month, but the BoJ noted the risks of policy becoming too accommodative, minutes released Friday 14 April showed.

Minutes of the 8-9 March meeting showed a representative of the Ministry of Finance urged the board to support the economy by maintaining zero interest rates when it shifted policy course and to make sure financial markets stayed stable.

"The government woul

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