BoJ board member urges flexible rate hikes as overheating risk rises
A Bank of Japan policy board member said Japan’s inflation target is nearly met but the risk of prices overheating is rising, calling for a flexible approach to raising interest rates.
By Megumi FujikawaA Bank of Japan policy board member called for a flexible approach to raising interest rates, saying the inflation target has nearly been met and the risk of prices overheating is rising.In a speech to business leaders in Hokkaido on Wednesday, Hajime Takata said that this year re…