- A few members said BOJ should not rule out any options, stand ready to act if risks stemming from Europe debt woes materialize.
- One member said “must be vigilant of risk of yen rise , stock fall hurting Japan economy.
- MOF Rep: Hope BOJ acts vigorously , decisively to achieve 1 % inflation.
- Members say they have been pursuing powerful easing.
- Price gains without economic improvement not good.
- Under-subscription due to drop in short term yields.
- A few members said appropriate BOJ cut fixed -loan program size .
- Some BOJ members said need way to ensure smooth T-bill buys.
Not sure , but I don’t think anything new in there .
USD/JPY unaffected at 78.33/35 , near highs of the session .
RTRS/BBG