BOJ board member calls for further rate hikes to avoid inflation overshoot
A Bank of Japan policy board member said further interest-rate hikes are needed and warned of upside risks to inflation. The remarks are likely to fuel speculation about faster monetary tightening.
A Bank of Japan policy board member said further interest-rate increases are needed and warned about upside risks to inflation, a stance that may encourage speculation about faster tightening in Japan. The remarks were made by Megumi Fujikawa and were published with the article text provided in SOURCE_SECTION. The excerpt ends mid-quote after: "To complete the normalization of monetary policy in Japan, I am convinced that the b…"