*BOJ Minutes: Some Expect Japan Economy To Contract in FY08, FY09

*BOJ Minutes: Adverse Feedback Loop Seen Globally, and Between Japanese Finance and Economy

*BOJ Minutes: Said Financial Conditions "Deteriorating Sharply ...Drastic Measures" Needed

*Japan December Corporate Services Price Index Down 2.5% On Year, Down 0.5% On Month

*BOJ Minutes: Some Called Economic Conditions "An Emergency"