Bank of Japan Committee member Junko Koeda said that she had no specific pace of progress in mind as to when to raise interest rates. Junko Koeda told reporters in Kumamoto City in southwestern Japan that the central bank should regard the neutral interest rate as a range. The price trend is stabilizing around 2%. A comprehensive assessment of the overall financial environment is needed, rather than simply referring to neutral interest rates. The central bank will do its best to prevent price increases above the 2% target. Each meeting assesses economic, inflation, and financial conditions to determine policy interest rates. It remains to be discussed whether the 2% inflation target has been met.

Bank of Japan Committee member Junko Koeda said that she had no specific pace of progress in mind as to when to raise interest rates. Junko Koeda told reporters in Kumamoto City in southwestern Japan that the central bank should regard the neutral interest rate as a range. The price trend is stabilizing around 2%. A comprehensive assessment of the overall financial environment is needed, rather than simply referring to neutral interest rates. The central bank will do its best to prevent price increases above the 2% target. Each meeting assesses economic, inflation, and financial conditions to determine policy interest rates. It remains to be discussed whether the 2% inflation target has been met.