BOJ board member Asada suggested that the pace of rate hikes should be restrained and emphasized the need for cautious monetary policy management going forward against a backdrop of concerns over an economic slowdown.
BOJ board member Asada made remarks calling for attention to the pace of rate hikes. The comments may have reiterated to the market the importance of policy management that takes into account the risk of an economic slowdown.
The matter represented the board member's view on the pace of interest-rate policy, and views are spreading that it could affect future policy decisions. However, the text does not specify the timing of any formal policy decision or any changes to specific figures.