Bank of Japan Review Member Seiji Adachi: In the process of policy normalization, the Bank of Japan must avoid drastic policy changes, so as not to trigger fears about the return of deflation. The Bank of Japan will raise interest rates at a very moderate pace and maintain a relaxed financial environment until potential inflation stabilizes and is sustainable at 2%.

Bank of Japan Review Member Seiji Adachi: In the process of policy normalization, the Bank of Japan must avoid drastic policy changes, so as not to trigger fears about the return of deflation. The Bank of Japan will raise interest rates at a very moderate pace and maintain a relaxed financial environment until potential inflation stabilizes and is sustainable at 2%.