Bank of Japan board members discussed the need for caution on raising its benchmark rate and offered no clear hint of a move next month, a summary of opinions from its October policy meeting showed.

Bank of Japan policymakers were divided on how soon they could raise interest rates with some warning of the risk of renewed market volatility after the U.S. presidential election, a summary of opinions at their October meeting showed on Monday.

The summary of opinions from the BOJ’s October policy meeting on Monday revealed divisions among members on the timing of future interest rate hikes, with some warning of the risk of renewed market volatility.