BOJ summary of opinions of the April meeting

BOJ summary of opinions of the April meetinghas been published, with the main headlines provided below.

Headlines

One member said some time needed for effect of negative rate policy to show on economy, prices

One member said downside risks to economy remain large, boj shouldn't hesitate taking additional easing steps if needed

One member said should examine additional easing steps if needed to hit price target

One member said should enhance sustainability of current policy framework as it may take quite long time to hit price target

One member said now is time to examine effect of negative rate policy, with eye on global economic developments