BOJ Eyes Careful Rate Hikes Amid Market Volatility
Board member Hajime Takata emphasizes conditional rate increases based on economic data and market stability.
- Takata stresses the need to adjust monetary policy if inflation aligns with BOJ projections.
- Interest rate hikes will be staged carefully to avoid disrupting businesses.
- The BOJ's long-term plan includes moving towards positive interest rates.
- Market volatility, especially from the U.S., poses a risk to Japan's economic stability.
- Inflation and wage growth will be key indicators for future rate decisions.