boj speech, 2025-02-19
From this perspective, while I recognize that inflation is approaching the 2 percent price stability target, with positive corporate behavior already being observed, I believe it will be important for the Bank to consider continuing to implement gear shifts gradually, even after the additional rate hike decided in January 2025, in order to avoid creating excessively high expectations of continued monetary easing, which would lead to a materialization of the upside risks to prices and the risk of overheating of financial activity.
Sentiment: neutral
Topic: mp_interest_rate