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BOJ board member Takata backs nimble rate hikes to fight inflation

Hajime Takata said the Bank of Japan should conduct interest rate hikes nimbly in response to inflation pressures, not at a fixed semiannual pace, describing 2026 as a regime change.

The Bank of Japan should conduct interest rate hikes nimbly in response to inflationary pressures, rather than at a fixed semiannual pace, hawkish board member Hajime Takata said on Wednesday.Rather than semiannual rate hikes previously anticipated by markets, 2026 represents a regime change, with…