According to the September minutes released by the Bank of Japan, the view was expressed that accelerating the pace of rate hikes was appropriate, and it was also noted that the economy was firm. Attention is focused on developments surrounding market participants' interpretations.
The Bank of Japan released the minutes of its September meeting, reporting that some participants considered it appropriate to accelerate the pace of rate hikes. This could renew debate over the exit strategy for monetary policy.
Some participants pointed out that the underlying trend in the economy was firm, and it was reported that discussions are expected to continue regarding the outlook for an economic recovery and inflation trends.