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Minutes of the Monetary Policy Meeting on September 21 and 22, 2023
In accordance with the guideline for market operations and the guideline for conduct of yield curve control, both of which were decided at the previous meeting on July 27 and 28, 2023, the Bank had been conducting market operations, including purchases of Japanese government bonds (JGBs).5 Specifically, it had carried out outright purchases of 10-year JGBs at 1.0 percent through the fixed-rate method and fixed-rate purchase operations of the cheapest-to-deliver (CTD) issues every business day. Moreover, the Bank had nimbly conducted unscheduled purchases of JGBs and the Funds-Supplying Operations against Pooled ... (full story)
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BOJ SEPT MEETING MINUTES: MEMBERS SAID TO CONTINUE PATIENTLY MONETARY EASING SO AS TO ACHIEVE SUSTAINABLY INFLATION TARGET IN TANDEM WITH WAGE GROWTH
— First Squawk (@FirstSquawk) November 5, 2023