[Bank of Japan Reportedly to Implement More Rate Hikes, Some Officials Believe Neutral Rate is Above 1%] According to a report by Jinse Finance, insiders revealed that Bank of Japan officials believe interest rates are likely to rise above 0.75% before the current rate hike cycle ends. This suggests that after next week's rate hike, there may be additional hikes to follow. These sources stated that officials believe that even if rates are raised to 0.75%, the Bank of Japan has still not reached the neutral rate level. Some officials already consider 1% to be below the neutral rate level. Insiders indicated that even if the Bank of Japan updates its neutral rate estimates based on the latest data, it currently does not believe the range will narrow significantly. At present, the Bank of Japan estimates the nominal neutral rate range to be approximately 1% to 2.5%. Insiders noted that the upper and lower bounds of this range may themselves contain errors. (Jin10)