For the time being, it is necessary to monitor the market and confirm positive corporate actions. If so, easing adjustments are necessary, according to Mr. Takada, a member of the Bank of Japan.

Last update: September 5, 2024 11:21 JST (excerpt)
On the 5th, Mr. Takada, a member of the Bank of Japan, expressed the view that, regarding the operation of monetary policy, it is necessary to continue to adjust easing if positive corporate actions are confirmed after monitoring the movements of the financial market. He made this statement in a speech at a financial and economic discussion meeting in Ishikawa Prefecture.
Mr. Takada pointed out that the impact of significant fluctuations in stock and foreign exchange markets in the first half of August remains. He said, "For the time being, it is necessary to monitor the movements and assess the impact." On that basis, he stated, "Under the condition that prices generally move as expected, if the sustainability of positive corporate actions, such as strong capital investment, wage increases, and continued price pass-through, is confirmed, it is necessary to further adjust the degree of monetary easing and make it a world with interest rates."