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Japan's Nagahama: BoJ should raise rates at a pace of about once every six months, which would be a pace that won't hurt domestic investment

Japan's Nagahama: BoJ should raise rates at a pace of about once every six months, which would be a pace that won't hurt domestic investment

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06:16:19 AM UTC
SQUAWKNEWS
Japan Govt Econ Panel Member Nagahama: BoJ Should Continue To Raise Interest Rates At Moderate Pace

BoJ Should Raise Rates At Pace Of About Once Every Six Months, Which Would Be Pace That Won't Hurt Domestic Investment Moderate BoJ Rate Hikes Are Important To Rectify Excessive Yen Weakness Expect BoJ To Raise Rates At End Of This Year, Then Around Summer Next Year Before Pausing Personally Think June Rate Hike Was Appropriate As Delaying Rate Hikes Would Cause Excessive Yen Falls, Hurt Households