At a press conference in Sapporo, Bank of Japan Policy Board member Takata Hajime (高田創) signaled openness to accelerating the pace of rate hikes and increasing the size of hikes. He expressed the view that flexible options for action during the year are also needed.
At a press conference in Sapporo, Bank of Japan Policy Board member Takata Hajime (高田創) reportedly signaled openness to accelerating the pace of rate hikes and increasing the size of hikes. He said, in general terms, that flexible action is needed rather than being constrained by a schedule of 2 moves per year.
While expressing the view that a 0.25% hike could have been made, he said the appropriate response should be selected from a broad range of options. This suggested that the range of options for future interest-rate policy could expand.