Bank of Japan September opinion summary: A member said that since inflation faces significant upward risks, the Bank of Japan should not be too cautious about raising interest rates. A member of the committee said that if affected by developments in overseas situations, the terminal interest rate may exceed the Bank of Japan's estimate range and market expectations. A member said that most companies say the impact of previous interest rate hikes and further interest rate hikes is likely to be limited. Cabinet Office representatives said that the government requires the Bank of Japan to fulfill its accountability obligations for its policy decisions and carefully examine the cumulative effects of previous interest rate hikes. If economic activity and markets fluctuate excessively, the Bank of Japan must take proactive and appropriate action.

Bank of Japan September opinion summary: A member said that since inflation faces significant upward risks, the Bank of Japan should not be too cautious about raising interest rates. A member of the committee said that if affected by developments in overseas situations, the terminal interest rate may exceed the Bank of Japan's estimate range and market expectations. A member said that most companies say the impact of previous interest rate hikes and further interest rate hikes is likely to be limited. Cabinet Office representatives said that the government requires the Bank of Japan to fulfill its accountability obligations for its policy decisions and carefully examine the cumulative effects of previous interest rate hikes. If economic activity and markets fluctuate excessively, the Bank of Japan must take proactive and appropriate action.