TechFlow news, June 25 — According to Jinshi Data, Bank of Japan (BOJ) policymaker Naoki Tamura said during a speech to business leaders in Fukushima Prefecture on Wednesday that the BOJ should consider further rate hikes as soon as possible, as inflation could reach its target earlier than expected. He stated: "My basic view is that the central bank will timely and appropriately raise policy rates and adjust the degree of monetary easing—neither too hastily nor too slowly—by analyzing data and various information without preconceptions, based on improvements in economic activity and prices." He believes inflation may rise faster than the BOJ's forecast, forcing the central bank to take decisive action amid global uncertainty.
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