BOJ's Mizuno says gradual rate hikes needed

Bank of Japan policy board member Atsushi Mizuno said on Wednesday 8 November the central bank should gradually increase interest rates as long as recent weakness in economic indicators proves to be temporary.

"Even if some individual economic indicators are weak towards the end of the year, it is appropriate to adjust rates gradually as long as they are temporary swings and we judge that they are within our scenario for the economic and price outlook," Mizuno told a seminar in Tokyo.

"If any rate

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account