Monetary Policy
Not to be released until 8:50 a.m. Japan Standard Time on Tuesday, February 19, 2013.
February 19, 2013 Bank of Japan
Minutes of the Monetary Policy Meeting on January 21 and 22, 2013
(English translation prepared by the Bank's staff based on the Japanese original)
Please contact the Bank of Japan at the address below in advance to request permission when reproducing or copying the content of this document for commercial purposes.
Secretariat of the Policy Board, Bank of Japan P.O. Box 30, Nihonbashi, Tokyo 103-8660, Japan
Please credit the source when quoting, reproducing, or copying the content of this document.
A Monetary Policy Meeting of the Bank of Japan Policy Board was held in the Head Office of the Bank of Japan in Tokyo on Monday, January 21, 2013, from 2:00 p.m. to 4:52 p.m., and on Tuesday, January 22, from 7:59 a.m. to 12:42 p.m.1
Policy Board Members Present Mr. M. Shirakawa, Chairman, Governor of the Bank of Japan Mr. H. Yamaguchi, Deputy Governor of the Bank of Japan Mr. K. G. Nishimura, Deputy Governor of the Bank of Japan Mr. R. Miyao Mr. Y. Morimoto Ms. S. Shirai Mr. K. Ishida Mr. T. Sato Mr. T. Kiuchi
Government Representatives Present Mr. S. Yamaguchi, Senior Vice Minister of Finance, Ministry of Finance2 Mr. S. Sato, Deputy Vice Minister for Policy Planning and Coordination, Ministry of Finance3 Mr. A. Amari, Minister of State for Economic and Fiscal Policy, Cabinet Office2 Mr. Y. Nishimura, Senior Vice Minister, Cabinet Office2 Mr. K. Matsuyama, Vice Minister for Policy Coordination, Cabinet Office3
Reporting Staff Mr. H. Nakaso, Executive Director (Assistant Governor) Mr. H. Hayakawa, Executive Director
1
The minutes of this meeting were approved by the Policy Board at the Monetary Policy Meeting held on February 13 and 14, 2013 as "a document describing an outline of the discussion at the meeting" stipulated in Article 20, paragraph 1 of the Bank of Japan Act of 1997. Those present are referred to by
February 19, 2013 Bank of Japan
Minutes of the Monetary Policy Meeting on January 21 and 22, 2013
(English translation prepared by the Bank's staff based on the Japanese original)
Please contact the Bank of Japan at the address below in advance to request permission when reproducing or copying the content of this document for commercial purposes.
Secretariat of the Policy Board, Bank of Japan P.O. Box 30, Nihonbashi, Tokyo 103-8660, Japan
Please credit the source when quoting, reproducing, or copying the content of this document.
A Monetary Policy Meeting of the Bank of Japan Policy Board was held in the Head Office of the Bank of Japan in Tokyo on Monday, January 21, 2013, from 2:00 p.m. to 4:52 p.m., and on Tuesday, January 22, from 7:59 a.m. to 12:42 p.m.1
Policy Board Members Present Mr. M. Shirakawa, Chairman, Governor of the Bank of Japan Mr. H. Yamaguchi, Deputy Governor of the Bank of Japan Mr. K. G. Nishimura, Deputy Governor of the Bank of Japan Mr. R. Miyao Mr. Y. Morimoto Ms. S. Shirai Mr. K. Ishida Mr. T. Sato Mr. T. Kiuchi
Government Representatives Present Mr. S. Yamaguchi, Senior Vice Minister of Finance, Ministry of Finance2 Mr. S. Sato, Deputy Vice Minister for Policy Planning and Coordination, Ministry of Finance3 Mr. A. Amari, Minister of State for Economic and Fiscal Policy, Cabinet Office2 Mr. Y. Nishimura, Senior Vice Minister, Cabinet Office2 Mr. K. Matsuyama, Vice Minister for Policy Coordination, Cabinet Office3
Reporting Staff Mr. H. Nakaso, Executive Director (Assistant Governor) Mr. H. Hayakawa, Executive Director
1
The minutes of this meeting were approved by the Policy Board at the Monetary Policy Meeting held on February 13 and 14, 2013 as "a document describing an outline of the discussion at the meeting" stipulated in Article 20, paragraph 1 of the Bank of Japan Act of 1997. Those present are referred to by