Bank of Japan Board Member: If Upside Risks to Inflation Increase, Pace of Rate Hikes Should Be Hastened

BlockBeats News, June 25th - Bank of Japan Policy Board Member Naotoshi Tamura stated that if the upside risks to prices further heightened, the Bank of Japan should not hesitate to accelerate the pace of rate hikes or raise rates more significantly. He expects the Bank of Japan to raise interest rates every few months until the policy rate reaches a neutral level of around 2%. (Xinhua)