知情人士称，鉴于当前物价走势以及日本银行内部认为此前加息对经济影响有限的看法，日本银行可能维持持续加快的加息步伐，12月是下一次可能采取行动的时间。
The Bank of Japan may maintain a continued fast pace of rate hikes given current price trends and a view at the bank that the impact of increases on the economy so far has been limited, with December the next potential move, according to people familiar with the matter.
这些人士表示，日本银行官员认为，底层通胀趋势已达到与日本银行2%目标大体一致的水平。不过，他们补充说，官员们认为当前政策利率距离中性利率——即既不刺激也不抑制经济的利率——仍有一段距离。
Officials at the bank see the underlying inflation trend as having reached a level broadly consistent with the BOJ’s target of 2%, these people said. However, they added, the officials feel the current policy rate still appears some distance from a neutral rate — one that neither stimulates nor restrains the economy.
这些人士称，在此背景下，日本银行认为有越来越大的必要将底层通胀稳定在目标水平附近。只要经济和通胀发展符合日本银行的预期，近期加快的加息步伐或多或少可能会持续。
Against that backdrop, the BOJ sees an increasing need to stabilize underlying inflation around its target level, according to these people. The recently accelerated pace of rate hikes could more or less continue as long as the economy and inflation develop in line with the BOJ’s view, the people said.
这些人士强调，借贷成本没有预设路径，决策将取决于经济前景、围绕前景的风险以及迄今加息的累积影响。不过，他们说，日本银行认为没有必要在上次加息后立即再次加息。这些人士称，另一次加息最早可能在12月进行。
These people stress that there is no predetermined path for borrowing costs, with decisions depending on the economic outlook, risks surrounding it and the cumulative impact of rate increases so far. However, they say the BOJ sees no urgency to raise rates immediately after last month’s move. Another increase is as possible as early as December, the people said.
日本银行在9月三个月内第二次上调基准利率——这是自1990年以来最快的加息步伐。日本银行官员的观点表明，该行可能大致维持同样的步伐，每季度收紧一次借贷成本。
The BOJ raised its benchmark rate for the second time in three months in September — the fastest pace of rate hikes since 1990. Views among BOJ officials point to a possibility that the bank will roughly maintain the same pace by tightening borrowing every quarter.
日本银行普遍预计将在10月30日结束的货币政策会议上维持利率不变。这些人士称，该行将在会议后发布新的季度经济展望，但除对经济增长和通胀预测进行一些微调外，不预计会有重大变化。
The BOJ is widely expected to stand pat at a policy meeting ending on Oct 30. The bank will issue a new quarterly economic outlook after the meeting, but no major changes are expected beyond some tweaks in its projections for economic growth and inflation, according to the people.
周五公布的数据显示，不含生鲜食品的消费者价格指数——日本央行的主要通胀指标之一——9月上涨2.1%，为今年以来首次超过日本央行的目标。
On Friday, data showed the consumer price index excluding fresh food — one of the BOJ’s main measures of inflation — rose 2.1% in September, the first time it has exceeded the BOJ’s target this year.
知情人士早些时候告诉彭博社，日本央行很可能在下周的政策会议上表明，基调通胀自2013年设定目标以来首次达到2%目标。
People familiar with the matter earlier told Bloomberg that the BOJ is likely to indicate at the policy meeting next week that underlying inflation has reached its 2% target for the first time since the goal was set in 2013.