Bank of Japan Policy Board member Takata Hajime (高田創) said in a speech in Sapporo that interest rates should be raised flexibly, without being constrained by the pace or magnitude of rate hikes, to address upside risks to inflation.
Bank of Japan Policy Board member Takata Hajime (高田創) spoke at a speech held in Sapporo on the 2nd. He said monetary policy should be managed flexibly to address upside risks to inflation.
Takata Hajime (高田創) argued that interest rates should be raised in response to conditions, without being constrained by a fixed pace or magnitude. He made clear his intention to respond to changes in economic and price trends through flexible policy management.
The Bank of Japan’s future policy management is expected to remain a focus of attention, with the bank continuing to pursue greater flexibility while taking price trends and domestic and overseas economic conditions into account.