BOJ Policymakers Weigh Further Rate Hikes Amid Rising Inflation Pressure

The Bank of Japan's (BOJ) policymakers are considering further interest rate hikes after their September increase to 1.25%, a 31-year high, according to opinions shared from the September meeting.

A summary of these views shows that most policymakers believe in following up the recent hike with more increases as inflationary pressure builds.

One BOJ member even suggested speeding up rate hikes if inflation rises above target, while another argued that the central bank must anchor underlying inflation near 2%.