BOJ's policy tweak drew rare request to adjourn from govt - minutes

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BOJ's policy tweak drew rare request to adjourn from govt - minutes
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TOKYO :Government officials who attended the Bank of Japan's December policy meeting were given a half-hour adjournment to contact their ministries, minutes showed, underscoring the significance of the central bank's decision to tweak its bond-market peg.At the Dec. 19-20 meeting, the BOJ kept its ultra-easy

TOKYO :Government officials who attended the Bank of Japan's December policy meeting were given a half-hour adjournment to contact their ministries, minutes showed, underscoring the significance of the central bank's decision to tweak its bond-market peg.

Another government representative, who belonged to the Cabinet Office, urged the BOJ to be vigilant about the fallout from rising inflation, supply constraints and market volatility on Japan's economy, the minutes showed. In a news conference on Monday, Finance Minister Shunichi Suzuki said he had been briefed by the MOF representative on the BOJ's expected decision during the adjournment.

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