The statement from the BOJ Monetary Policy Meeting indicated that the Bank plans to consider adjustments while assessing the timing and pace of future interest-rate hikes, as well as the likelihood of realizing the outlook and the associated risks. The impact of developments in the Middle East, expanding AI-related demand and exchange-rate trends was also identified as a factor for consideration.
The BOJ indicated that it plans to continue raising the policy rate and adjust the degree of monetary accommodation. Its future policy stance is expected to be reviewed carefully in line with economic conditions.
The statement made clear that the Bank will consider adjustments while assessing the timing and pace, as well as the likelihood of realizing the central outlook and the associated risks. The review will include the impact of developments in the Middle East, expanding AI-related demand and fluctuations in exchange rates.
The statement indicated that, if upside risks materialize, the BOJ will seek to stabilize policy in order to avoid adverse effects on the economy.
The statement was reported as remarks by a senior official, with the BOJ's policy stance covered through reporting by みんかぶ.