Most members said there is heightening risk that global market volatility could hurt business sentiment, delay shift from deflationary mindset.
Many members said it was appropriate to take additional steps to forestall risks.
A few members said while global market risks are titled to downside, domestic economy, prices had not worsened enough to warrant immediate action.
BOJ staff offered 2 options, one to expand QQE, another to adopt QQE with negative interest rate.
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