BOJ October meeting: Key views include the importance of “entrenching” 2% inflation, while some said rate hikes should be implemented “when possible without excessive caution”

The story

The key views from the BOJ’s October meeting were compiled. The importance of anchoring inflation at 2% was highlighted.

Regarding rate hikes, some views called for implementation without excessive caution when conditions are in place. These views were a focus of the meeting’s discussions.

At a glance

PeriodReported as a key view at the BOJ’s October meeting

Inflation becoming entrenchedThe view that it is important for 2% inflation to become entrenched

Rate hike policyDo not be excessively cautious; act when conditions permit

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