Bank of Japan Policy Board Member Masu Kazuyuki (増一行) said in a speech in Fukui that further rate hikes were necessary to complete monetary policy normalization, and emphasized the intention to continue raising the policy rate.
Bank of Japan Policy Board Member Masu Kazuyuki (増一行) spoke in Fukui and expressed the view that further rate hikes were needed to advance monetary policy normalization.
He reiterated his intention to continue raising the policy rate to achieve the price stability target. At the time of the speech, he referred to the direction of the Bank of Japan’s monetary policy.
The article focused on these remarks and conveyed the possibility that the Bank of Japan would continue its tightening stance toward normalization.