Japanese economic and fiscal policy council private sector member: Bank of Japan should continue to raise interest rates at a moderate pace

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)