Summary of Opinions at the Bank of Japan June Meeting | Forexlive Summary of Opinions at the Bank of Japan June Meeting Summary of Opinions at the Bank of Japan June Meeting: One member said that the Bank of Japan plans to raise interest rates if underlying inflation rises as expected. Summary of the Bank of Japan June: One member said that the Bank of Japan needs to consider further adjusting the degree of monetary easing, given the risk of inflation rising to the upside. Summary of the Bank of Japan June: One member said that interest rates should be raised in a timely manner without delay in response to the increasing likelihood of achieving the price target. One member said that the Bank of Japan could wait to change the interest rate level until it can confirm a clear upward trend in the inflation rate and inflation expectations through data. One member said that it is appropriate to maintain the accommodative policy for the time being due to the lack of strength in consumption and disruptions to automobile shipments. Summary of the Bank of Japan June: One member said that the weak yen could lead to an overshooting of inflation, meaning that the appropriate policy interest rate level would be raised. Bank of Japan June Summary: One member said that exchange rate fluctuations have a wide-ranging impact on economic activity, and that deviations from fundamentals have a negative impact on the economy. One member said that monetary policy is not dependent on short-term exchange rate fluctuations. Bank of Japan June Summary: One member said that the Bank of Japan needs to significantly reduce bond purchases in a predictable manner. Bank of Japan June Summary: One member said that the Bank of Japan's presence in the bond market needs to be reduced by reducing bond purchases. Bank of Japan June Summary: One member said that the Bank of Japan's balance sheet needs to be properly and timely normalized in close dialogue with market participants. Bank of Japan June Summary: One member said that the Bank of Japan should take its time to carefully reduce its government debt. Bank of Japan June Summary: One member said that there was no change in the Bank of Japan's base case for the economy and that price data was favorable. Bank of Japan June Summary: One member said that consumption was lacking momentum and that the Bank was watching to see how much wage increases and government measures could boost consumption. Bank of Japan June summary: One member said there was a risk of excess inflation due to deteriorating consumer sentiment. Bank of Japan June summary: One member said underlying inflation had not yet reached 2 percent. Bank of Japan June summary: One member said that corporate wholesale price and service price data showed that Japan was making steady progress toward achieving its price target.
