Bank of Japan Deputy Governor Ryozo Himino (氷見野 良三) delivered a speech in Saitama City, saying that current financial conditions are accommodative and indicating that the Bank intends to continue raising interest rates and adjust the degree of monetary easing. He also said that there is a need to be more strongly aware of the risk that prices could rise more than expected.
At a speech in Saitama City, Bank of Japan Deputy Governor Ryozo Himino (氷見野 良三) said that current financial conditions are accommodative and indicated that the Bank intends to continue raising the policy rate and adjust the degree of monetary easing.
He stressed the need to be more aware than ever of the risk that prices could rise more than expected.
The Bank of Japan plans to hold its next monetary policy meeting on 17 and 18 September, and market expectations for a rate hike decision in September are mounting ahead of the meeting.