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The Bank of Japan (BoJ) released its minutes from the latest meeting. The BoJ's board members said that falling oil prices will weigh on inflation in the short-term but will stimulate economy in the long-term.
The minutes showed that eight of the BoJ's nine board members voted to continue expanding the monetary base at an annual pace of 80 trillion yen.
Some board members expressed concerns over weak consumer and business sentiment.
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