"Nonetheless, they concluded that, on balance, an easing action was not desirable at this time.
Never mind that many of these brokerage-firm carnival barkers have been predicting the end of the bear market since the Federal Reserve began its easing action in January.
"Further vigorous easing action would tend to support business and household consumer confidence, which a number of members saw as especially important in the current circumstances," the minutes said.
(Plague of frogs? New ice age?) The general hope is that the combination of weak economic data, falling commodity prices, bank runs in Europe and signs of panic in developed market bond yields will force the central banks into easing action.
"Some members indicated that in light of continued robust economic growth, tight labor markets, and improving financial conditions they had a preference for awaiting further developments that might provide a stronger basis for an easing action.
The central bank took modest easing action, increasing its purchases of exchange-traded funds (ETFs) but leaving the key interest rate and purchases of government bonds unchanged.
Some in the market had been hoping for more aggressive policy easing actions and a less hawkish tone from the central bank's governor, Duvvuri Subbarao, as India grappled with economic growth that slowed to about 5 percent in the financial year that ended in March, its weakest performance in a decade.
"Since monetary easing actions so far haven't been sufficient, I will take every measure possible to achieve [the] 2% target if approved as governor," Mr Kuroda said at his confirmation hearing.
Unlike outgoing BOJ incumbent Masaaki Shirakawa, he has advocated bolder and swifter monetary easing actions including buying more risk assets and/or more longer-dated government debt and has underscored that commitment by promising to do whatever it takes to hit the BOJ's newly installed inflation target of 2percentt.
Hastings is a player of immense promise but at the tender age of 20 was most likely earmarked to be gradually eased into action in support of the more experienced Pearce in 2016.
Although primarily a shortstop in the minors, Turner could see time at second base and is likely to be eased into action, Rizzo said.
