BOJ debated feasibility of more easing in Sept – minutes
By Leika Kihara TOKYO (Reuters) - Bank of Japan board members debated the feasibility of ramping up stimulus at their September rate review, with some calling for the need to start brainstorming ideas to top up monetary support, minutes of the meeting showed on Wednesday. Underscoring a lingering rift within the nine-member board on the next step, however, some members warned that more attention was needed on the demerits of prolonged ultra-low interest rates such as the impact on bank profits. "A comprehensive examination was needed on the chance that financial institutions' profitability will decline further, and an increasing number of them would take excessive risks," the minutes quoted some members as saying
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