Bank of Japan (BoJ) board member Hajime Takata is back on the writes on Thursday after fanning expectations of a hawkish policy pivot earlier this Thursday.
Additional takeaways
I don't want to single out any policy step when I mention 'nimble responses'.
Not thinking of raising interest rates one after another.
Gradual steps will be needed amid mixed circumstances surrounding small firms.
Various options remain when we dismantle yield curve control framework.
Will not respond automatically to any target, when asked about rate hikes after ending negative rates.
There is no order of steps in monetary policy exit.
We need to keep some easing measures to some extent.
Important to avoid discontinuity, when asked about monetary policy exit.
Monetary policies need to remain consistent with the real economy and financial environment
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