BOJ policymakers see room for faster rate hikes amid inflation concerns

Bank of Japan policymakers indicated scope for faster interest rate hikes as persistent inflationary pressures continue to build concerns about price growth exceeding the central bank's 2% target.

According to a summary of the central bank's September meeting, there was support among officials for further monetary tightening. However, some policymakers cautioned against moving too quickly, emphasizing the need to carefully monitor economic developments before proceeding with rate increases.