Bank of Japan Policy Board member Koeda Junko (小枝淳子) pointed out that there is a considerable risk of rising prices while accommodative conditions continue, and expressed the view that the Bank should not be excessively cautious about raising interest rates.
Bank of Japan Policy Board member Koeda Junko (小枝淳子) said that, given the current accommodative financial conditions, it should be recognized that the risk of rising prices is considerable.
The remarks suggested an approach of avoiding excessive caution over rate hikes and continuing to conduct policy appropriately while assessing economic conditions.
No specific timing was given for the remarks or for any policy change, and the comments focused mainly on views regarding the price outlook and the direction of monetary policy.