BoJ dissenters deemed measures "inappropriate"


Two of the Bank of Japan's board members dissented at its March rate vote because of disagreements over the effectiveness of expanding the central bank's fund-provision program, minutes out Monday showed.

At the meeting, which took place on the 16 and 17 March, the central bank's policy board decided by a 5-2 vote to offer an additional Y10 trillion ($107.3 billion) in three-month cash bills at a 0.1% fixed rate to financial institutions, on top of Y10 trillion offered in December.

The bank also

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