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TOKYO, Jan 23 (Reuters) – Authorities representatives who attended the Financial institution of Japan’s coverage assembly in December requested that the assembly be adjourned for about half-hour, minutes of the assembly confirmed on Monday.
On the Dec. 19-20 assembly, the BOJ saved its ultra-easy financial coverage however shocked markets with a shock tweak to its bond yield management that enables long-term rates of interest to rise extra.
Below legislation, two authorities representatives – one from the Ministry of Finance and one other from the Cupboard Workplace – can attend BOJ coverage conferences and voice the federal government’s views on coverage choices, although they can not forged votes.
The representatives seemingly requested the adjournment to contact their ministries on how they categorical the federal government’s view on the BOJ’s choice to tweak yield curve management.
Reporting by Leika Kihara; Modifying by Kim Coghill
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