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 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.
