Reuters: US Dollar Report: BOJ April 3-4 minutes: some members wary of risks of bold easing

Reuters: US Dollar Report Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

BOJ April 3-4 minutes: some members wary of risks of bold easing May 2nd 2013, 00:06 TOKYO | Wed May 1, 2013 8:06pm EDT TOKYO May 2 (Reuters) - Some members of the Bank of Japan's policy board expressed concerns that large-scale purchases of government debt could actually impair lending and disturb the functioning of financial markets, minutes of their April 3-4 meeting showed on Thursday. The BOJ unveiled a radical overhaul of monetary policy at the April 3-4 meeting by agreeing to roughly double the amount of government debt it holds, to double the monetary base in two years to end 15 years of deflation. Members raising concerns about expanded easing voted for the change in policy, but their reservations could suggest that there are differing levels of enthusiasm about the central bank's overhaul of monetary policy. Some members also said the BOJ should allow for a range of six to eight years for the average maturity of government debt purchased, as this could lessen disruptions to financial markets.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions