According to CoinMeta, a summary of the opinions from the Bank of Japan's October meeting indicates that as the potential inflation rate approaches the bank's target of 2%, some policymakers advocate for an acceleration in interest rate hikes. One member stated, "The effects of previous rate hikes have not yet fully materialized, and the financial environment remains loose. Japan has entered a new phase, and the Bank of Japan needs to accelerate the process of adjusting policy rates to a neutral level." The meeting summary also shows that two other members proposed that policy rates should be raised to a level that is considered "neutral" for the economy as soon as possible. At the meeting held on October 29-30, the Bank of Japan maintained its benchmark interest rate at 1.25% unchanged, but it announced that its 14-year effort to achieve its price stability goals had been successful, and pointed out the risks of rising prices, further strengthening its "hawkish" stance.