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BOJ Summary of Opinions at the Monetary Policy Meeting
Opinions on Economic and Financial Developments Global Financial Markets and Risks •Recently, financial markets have been volatile against the backdrop of the further decline in crude oil prices and uncertainty over future developments in emerging and commodity-exporting economies, particularly the Chinese economy. For these reasons, there is an increasing risk that conversion of the deflationary mindset might be delayed and that the underlying trend in inflation might be negatively affected. •The Bank should be vigilant against negative effects on business confidence and consumer sentiment in Japan of heightened ... (full story)