BoJ minutes: Members agree on economic, inflation outlook

FXStreet (Bali) - According to the Bank of Japan February policy meeting minutes, the main conclusion drawn by members was to agree on the view that the economy and inflation are moving in line with expectations.

As Reuters/Bloomberg report, members also remained confident that the economy will remain on recovery path after the controversial sales tax hike in April.

Most members also agreed that downside risks from overseas economies have receded, while also sharing the same line of thinking on measures to increase bank lending, so that deflation can be beaten.