At a press conference in Nagasaki, BOJ Policy Board member Asada Toichiro (浅田統一郎) said the pace and speed of future rate hikes should be assessed carefully. He also said he was not opposed to rate hikes under any circumstances, indicating a degree of support for additional rate hikes.
At a press conference in Nagasaki, BOJ Policy Board member Asada Toichiro (浅田統一郎) said that, regarding the conduct of monetary policy going forward, "careful consideration of the pace and speed is necessary before raising rates any further." He appeared to indicate that the possibility of additional rate hikes would be assessed carefully in light of market conditions and price trends.
However, Asada Toichiro (浅田統一郎) also said, "I am not taking a stance of refusing rate hikes under any circumstances," expressing a view that allowed for additional rate hikes to a certain extent. It was also reiterated that he had voted against the additional rate hike to 1.25% when the BOJ decided on it in September.