BoJ Sept Minutes: One Member Saw Need To Accelerate Rate Hikes If Signs Of Prices Overshooting Emerged
One Member Favoured Bringing Policy Rate Closer To Approximate Goal Relatively Soon, Preserving Room For Nimble Adjustment In Either Direction - One Member Urged Demonstrating Resolve To Prevent Prices Overshooting Through Nimble Responses To Overseas Conditions And Price Developments - Cabinet Office Representative Urged Accountability For Meeting Decisions And Careful Assessment Of Cumulative Effects Of Past Hikes - Cabinet Office Representative Suggested BoJ May Need To Consider Its Neutral Rate Estimates
One Member Favoured Bringing Policy Rate Closer To Approximate Goal Relatively Soon, Preserving Room For Nimble Adjustment In Either Direction - One Member Urged Demonstrating Resolve To Prevent Prices Overshooting Through Nimble Responses To Overseas Conditions And Price Developments - Cabinet Office Representative Urged Accountability For Meeting Decisions And Careful Assessment Of Cumulative Effects Of Past Hikes - Cabinet Office Representative Suggested BoJ May Need To Consider Its Neutral Rate Estimates