December’s BOJ meeting and a 30-minute break that allowed officials to make a few calls…


I posted earlier today that the protocol was published:

and this:

  • The representative of the government asked for adjournment during the meeting, which was approved by the president

Reuters added more details about what government officials did during the half-hour break.

  • Government officials attending the Bank of Japan’s policy meeting in December were given a half-hour break to communicate with their ministries, minutes of which underscored the importance of the central bank’s decision to change the bond market’s pegs.

Yes, “contact the ministries”.

It didn’t happen, it didn’t happen at all:

“If it’s a dollar-yen offer, hit it.”


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