At the BOJ policy meeting held on 17–18 September, participants expressed the view that conditions should be maintained to allow agile action in both directions, amid continued concern over upside price risks rather than downside economic risks.
The BOJ Monetary Policy Meeting was held on 17 and 18 September. The main opinions expressed by participants included the need for flexible policy management based on current economic, price and financial conditions.
The substance of the views reported at the meeting was that, amid continued recognition that upside price risks were increasing more than downside economic risks, the BOJ should assess the trajectory of economic indicators and respond flexibly.
The BOJ indicated that it would continue to assess policy appropriately in response to economic, price and financial conditions and manage policy flexibly as circumstances warrant.