BOJ Policymaker Asada Pushes Back Against Early Rate Hike
Toichiro Asada said premature rate hikes could hurt growth and push down underlying inflation, opposing calls within the board for a near-term increase.
By Leika KiharaDovish Bank of Japan policymaker Toichiro Asada pushed back against calls within the board for a near-term interest rate hike, arguing on Thursday that premature rate hikes could hurt growth and push down underlying inflation.While an overshoot of inflation above the BOJ's 2% target…