Bank of Japan Deputy Governor: Will Discuss Appropriate Rate Hike Pace and Timing at Each Meeting

BlockBeats News, August 27th — Bank of Japan Deputy Governor Masayoshi Amamiya stated, "We will discuss the appropriate rate hike pace and timing at each meeting to stabilize underlying inflation around 2%. I agree with the Governor that if financial conditions become overly accommodative, the Bank of Japan may accelerate the rate hike pace, but the rate hike decision will not be solely based on the degree of financial accommodation."