Although the BOJ decided to raise rates at its September Monetary Policy Meeting, policy board members expressed the view that policy should be conducted appropriately to prevent prices from continuing to rise excessively.
At the Bank of Japan's September Monetary Policy Meeting, views were expressed that policy should be conducted appropriately to contain excessive price rises.
In connection with the decision to raise rates at the meeting, the policy board members indicated that careful consideration of the approach to future monetary policy would continue.
A shared view emerged that appropriate measures should continue to be taken while assessing price developments and determining the direction of policy operations going forward.