BoJ September Meeting Summary: One Member Says Rate Hikes Must Accelerate If Inflation Shows Signs Of Overshooting
One Member Calls For Early Move To Terminal Rate To Allow Nimble Response To Economic And Price Changes - Another Says No Need To Rush, Though Underlying Inflation Likely To Reach 2% Soon - Members Call For Continued Rate Increases In Line With Economic, Price And Financial Conditions And For Anchoring Underlying Inflation Around 2% - One Member Says Significant Upside Inflation Risks Mean BoJ Should Not Be Overly Cautious - One Member Says Terminal Rate Could Exceed BoJ Estimates And Market Expectations Depending On Overseas Developments - One Member Urges BoJ To Show Determination To Prevent Inflation Overshoot While Remaining Mindful Of FX Impact
One Member Calls For Early Move To Terminal Rate To Allow Nimble Response To Economic And Price Changes - Another Says No Need To Rush, Though Underlying Inflation Likely To Reach 2% Soon - Members Call For Continued Rate Increases In Line With Economic, Price And Financial Conditions And For Anchoring Underlying Inflation Around 2% - One Member Says Significant Upside Inflation Risks Mean BoJ Should Not Be Overly Cautious - One Member Says Terminal Rate Could Exceed BoJ Estimates And Market Expectations Depending On Overseas Developments - One Member Urges BoJ To Show Determination To Prevent Inflation Overshoot While Remaining Mindful Of FX Impact