At the Bank of Japan's October meeting, a board member expressed the view that the next rate hike should be implemented when conditions permit. The meeting was held on 29 and 30 October.
The Bank of Japan held a monetary policy meeting on 29 and 30 October. At the meeting, some Policy Board members expressed the view that the next rate hike should be implemented when possible without being overly cautious.
The opinion was reported as expressing the view that the timing of the next rate hike should be determined while assessing the opportunity to act.