BoJ’s Nakamura says the Bank must continue to maintain monetary easing

Bank of Japan policy board member

• BoJ must patiently maintain monetary easing
• Japan's economy is still recovering from the pandemic effects
• Current price increases are not accompanied by wage hikes
• Japan is far from a situation where wage-price spiral becomes a concern

More:

• Japan's economy picking up, likely to recover
• Japan's consumer inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term accelerating but likely to slow pace of rise next year as boost from energy, food price hikes dissipate
• Global financial, capital conditions could tighten more than expected depending on fallout from overseas central banks' rate hikes
• Domestic, overseas economies may weaken further if rises in raw material, grain costs are prolonged
• No magic wand to boost Japan's growth potential, must draw Japan's economic, wage structure close to that of other advanced economies

Not saying anything different to what Bank of Japan Governor Kuroda says.