Bank of Japan Deputy Governor Ryozo Himino said on Aug. 27 that the central bank will discuss the appropriate pace and timing of interest-rate hikes at every policy meeting, with the aim of keeping underlying inflation stable at around 2%. Himino said he agrees with the governor’s view that the BOJ could accelerate rate hikes if financial conditions become excessively accommodative. At the same time, he added that decisions to raise rates would not be based solely on the degree of monetary looseness. The remarks outline how the BOJ is framing its policy discussions, focusing on both inflation stability and broader financial conditions rather than a single indicator.
According to BlockBeats, Bank of Japan Deputy Governor Ryozo Himino said on Aug. 27 that the central bank will discuss the appropriate pace and timing of interest-rate hikes at each policy meeting in order to keep underlying inflation stable at around 2%.
Himino also said he agrees with the governor’s view that the BOJ may speed up rate hikes if financial conditions are too accommodative, but decisions on raising rates will not be made solely on the extent of monetary looseness.
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