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Board members wrangled over 'supplementary measures'

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Policy board members attend a monetary policy meeting where opposition to expanding the BOJ's purchases of exchange-traded funds was voiced.   © Kyodo

TOKYO -- Some Bank of Japan board members aired clear discontent over "supplementary measures" to the bank's unconventional monetary policy of quantitative and qualitative easing, a summary of a meeting held on Dec. 17-18 shows.

     The summary of the monetary policy meeting was released Friday in a new effort intended to smooth communications with the market. Under the program, each board member summarizes the opinions he or she presented at a meeting, then submits the outline to BOJ Gov. Haruhiko Kuroda. It is Kuroda's responsibility to then edit the opinions.

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