BoJ Signals Scope For Rate Hikes

• One Member Said It Has Become More Appropriate To Adjust Monetary Support As FX Moves Push Up Import Prices • One Member Said It Is Appropriate To Continue Raising Rates As Financial Conditions Remain Accommodative • BoJ Must Maintain Stance Of Further Rate Hikes If Economy And Prices Develop In Line With Forecasts • One Member Said BoJ Should Push Policy Rate Closer To Neutral As Soon As Possible • One Member Said Early Moves Towards Neutral Would Reduce Risk Of Sharp Rate Hikes Later • One Member Estimated Japan’s Neutral Rate At Around 2% And Said BoJ Should Raise Rates Every Few Months