BOJ policymaker Sato Ayano (佐藤綾野) indicated that policy decisions should be based on developments in consumption and income, and explained why she opposed a rate hike at the September meeting.
In an interview with BOJ policymaker Sato Ayano (佐藤綾野), the view was expressed that developments in consumption and income should be given priority when deciding on rate hikes. At the September Monetary Policy Meeting, she said a decision should not be based on a single indicator alone, citing this as the reason she opposed a rate hike.
The need to closely monitor trends in household consumption and the income environment was again emphasized for future policy management. The interview included elements that can be interpreted as highlighting the importance of verifying conditions using a combination of indicators.