BOJ Member Warns of Potential Rapid Monetary Tightening Due to Inflation Risks

A member of the Bank of Japan (BOJ) has expressed concerns that the central bank may need to implement rapid and significant monetary tightening measures if it falls behind in addressing inflation risks. According to Jin10, the member highlighted that the current policy interest rates are still far from reaching a neutral level, which could necessitate swift action to counter inflationary pressures.