BOJ's Tamura Urges 0.25-Point Rate Hikes Every Few Months Toward 2%
Updated
Updated · Bloomberg · Jun 25
BOJ's Tamura Urges 0.25-Point Rate Hikes Every Few Months Toward 2%
3 articles · Updated · Bloomberg · Jun 25
Summary
Naoki Tamura said the Bank of Japan should raise interest rates by 0.25 percentage point at intervals of a few months, arguing the pace needs to accelerate.
Inflation risks are strengthening, he said in a speech in Hyogo, with price pressures building enough to justify faster tightening.
Tamura framed 2% as the neutral rate destination for that path, underscoring his position as one of the BOJ board's most hawkish members.
His remarks build on earlier comments that the BOJ should keep hiking if inflation overshoots, reinforcing pressure on markets to watch for a quicker normalization cycle.