BoJ's Summary of opinions noted that one member said financial conditions remain accommodative even after a rate hike in December

Says:

• One member said no need to worry too much about impact on corporate profits as long as rate hike pace is not too fast.
• One member says appropriate to continue raising policy rate if economic and price projections materialise.
• A member said current financial conditions still significantly accommodative judging from economic strength and fallout from recent weak yen.
• A member said if overseas rate environments change this year, there is risk BOJ may unintentionally fall behind a curve.
• A member said that the bank has been examining response of economic activity and prices and financial conditions to each rate hike and has been raising the policy interest rate, while it is appropriate for the bank to continue to do so.
• One member said BoJ should raise the policy rate at intervals of a few months.
• One member said some indicators of long-term inflation expectations have already started to show stability.