26 September 2001, 10:32  BOJ Minutes Show 8-1 Vote To Boost C/A Deposits Target

Minutes from BOJs August 13-14 meeting showed that the Policy Board members voted 8-1 to boost the target for current account deposits held at the bank to Y6 trillion from Y5 tln. Board member Nakahara voted against the proposal, saying more drastic steps were needed. Nakahara also proposed raising the CPI target to above zero but was voted down.

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