Remarks by BOJ Policy Board member Asada (浅田) indicate that attention should be paid to the effects of past rate hikes emerging in the real economy. Asada said financial conditions remain accommodative, but the degree of accommodation is gradually diminishing.
BOJ Policy Board member Asada (浅田) said that financial conditions remain accommodative at present, while indicating that the degree of accommodation has been gradually diminishing.
Asada also said it is necessary to bear in mind that the effects of past rate hikes may emerge in the real economy, and pointed out that sufficient attention should be paid to the risk that rate hikes could weaken the economy and push down underlying inflation.