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BOJ Should Consider Rate Hikes Without Delay, Board Member Tamura Says

BOJ Should Consider Rate Hikes Without Delay, Board Member Tamura Says

The Bank of Japan should consider additional interest-rate hikes without delay, board member Naoki Tamura said, as it could hit its inflation target sooner than expected.
'My basic thinking is that the bank will analyze the data and various information without preconceptions, and will accordingly raise the policy interest rate and adjust the degree of monetary accommodation in a timely and appropriate manner in line with improvements in economic activity and prices, without haste or delay,' he said Wednesday.
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