BoJ Summary of Opinions from the June meeting noted a member said it has become more appropriate to adjust degree of monetary support as FX moves are pushing up import prices

Says: Member said it is appropriate to continue raising interest rates as financial conditions are accommodative. There was the opinion that even after a June rate hike, the BoJ must maintain stance of proceeding with further rate hikes if the economy and prices move in line with forecasts. Member said must push up BoJ's policy rate closer to neutral rate as soon as possible. Member said must push up policy rate near neutral at an early date to avoid big and sharp rate hikes in the future. Member said Japan's neutral rate is seen at around 2%, and the BoJ must raise its rates once every few months. Member said reason for the BoJ to halt reduction in its JGB purchases.