September 30, 2019
TOKYO (Reuters) – Bank of Japan policymakers debated the feasibility of ramping up stimulus in the near future when they met for a rate review in September, a summary of their opinions showed on Monday, as heightening overseas uncertainties cloud the economic outlook.
“There is a significant chance the economy will lose momentum to hit our price target. As such, we should consider whether or not to take additional easing steps,” one of the BOJ’s nine board members was quoted as saying in the summary.
At the Sept. 18-19 meeting, the BOJ kept monetary policy steady but signaled the chance of expanding stimulus as early as its next meeting in October by issuing a stronger warning on overseas risks.
(Reporting by Leika Kihara; Editing by Chris Gallagher)
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