According to Jinshi, the summary of the opinions of the Bank of Japan's April meeting showed that most of the central bank's review members turned hawkish, and many members said it was necessary to steadily raise interest rates to prevent the risk of excessive inflation. Some members believe that the pace of interest rate hikes may be faster than expected as the prospect of inflation continuing to remain at or even exceed the Bank of Japan's 2% target level becomes increasingly clear. This highlights the recent speech of Bank of Japan Governor Kazuo Ueda, who hinted at multiple rate hikes in the future, and increases the possibility of rising short-term borrowing costs in the coming months. Many opinions shown in the summary call for the need to steadily raise interest rates and consider reducing the scale of the Bank of Japan's bond purchases at some point in the future.