For a bunch of economists charged with boosting confidence, Bank of Japan staffers sure seem gloomy. On the surface, all was well with the BOJ's 2 percent inflation target for 2015 when board members met Oct. 31. But the minutes of last month's BOJ meeting show unmistakable signs of doubt among policy makers who know more than we do about the breadth and mechanics of the world's most audacious monetary experiment. Three members dissented from the bank’s preferred view. The gist of the meeting: Ending deflation is harder than the central bank expected. Takehiro Sato wanted to add a line to the final statement ... (full story)