23 May 2001, 09:12 BOJ minutes: Many saw hard to mull more steps now
- Need to verify impact of monetary steps
- 1 member said impact from reserve increase limited
- Several members said hard to boost reserves
- 1 member: Rinban cannot restrict long-term rate
- Rinban increase to lower rates would be
- 1 member concerned on side effects of rinban
- Many said March easing producing intended effects
- Concerned that more bond supply boosted rates
- Limited impact from yen carry trade
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