Bank of Japan Policy Board member Takata Hajime (高田創) said in a speech in Sapporo that the policy rate should be adjusted flexibly, without being constrained by the interval or magnitude of rate hikes, and emphasized the need for an additional hike soon.
Bank of Japan Policy Board member Takata Hajime (高田創) said in a speech in Sapporo that the policy rate should be managed flexibly, without being constrained by a set interval or magnitude of rate hikes. He also emphasized that an additional hike should be implemented soon.
The remarks indicate a view that the Bank of Japan should review its interest-rate policy flexibly and could affect the conduct of monetary policy going forward.