Japanese economic and fiscal policy council private sector member: Bank of Japan should continue to raise interest rates at a moderate pace
2026-07-02 06:19
Odaily Planet Daily News: Private sector member of the Japanese economic and fiscal policy council, Nagahama Toshihiro: The Bank of Japan should continue to raise interest rates at a moderate pace.
Moderate interest rate hikes by the Bank of Japan are crucial to correcting the excessive depreciation of the yen.
Nagahama Toshihiro: Personally, I believe a June rate hike is appropriate, as delaying it would lead to an excessive depreciation of the yen, harming households. (Jin Shi)
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