As the U.S. Treasury secretary calls on Japan to tighten monetary policy, one of the Bank of Japan's policy board members suggested that interest-rate hikes are necessary to prevent delays in addressing inflation.
The U.S. Treasury secretary has reportedly called on Japan to tighten monetary policy, heightening tensions between the policy stances of Japan and the United States.
Against this backdrop, one of the Bank of Japan's policy board members suggested that interest-rate hikes are necessary to prevent delays in addressing inflation.