BoJ’s Takata urges nimble hikes after domestic and overseas assessment
BoJ policymaker Takata says rate hikes should be implemented nimbly, after assessing domestic financial conditions and overseas developments. He calls for preventing inflation overshooting and monitoring FX and long-term rate risks.
BoJ Should Shift Away From Encouraging Higher Underlying Inflation And Demonstrate Its Determination To Prevent Inflation Overshooting - 2026 Marks The Beginning Of A New Phase Where Rate Hikes Will Not Follow A Fixed Pace - Must Closely Monitor The Risk That Diverging Global Monetary Policies Could Increase FX Market Volatility - Must Closely Monitor Long-Term Interest Rates And Communicate Effectively With Markets