According to the minutes released by the Bank of Japan, most members shared the view that accommodative financial conditions would be maintained even if the policy rate were raised at this meeting. Future policy management is expected to be adjusted in light of accommodative conditions as inflation approaches 2%.
The minutes of the Bank of Japan's Monetary Policy Meeting held on 17–18 September were released, indicating that financial conditions may have become more accommodative when movements in asset prices, including rising share prices and a weaker yen, are taken into account.
Most members shared the view that accommodative financial conditions would be maintained even if the policy rate were raised at this meeting.
Regarding future monetary policy, members agreed that, as underlying inflation approaches 2%, it would be appropriate to continue raising the policy rate and adjust the degree of monetary accommodation in light of the current accommodative financial conditions.