At the BOJ's October meeting, underlying inflation was judged to have reached 2%, while several opinions called for rates to be raised to the neutral rate level at an early stage. This could become a focus of monetary policy going forward.
At its October meeting, the BOJ judged that the underlying rate of inflation had reached 2%.
Several opinions called for the policy rate to be raised to the neutral rate level at an early stage, indicating that the debate is becoming more active.
However, no specific timing for implementation or conclusion on a policy change has been reported, and attention is focusing on the future conduct of monetary policy.