Japanese central bank board member Atsuko Koeda said that raising interest rates at an appropriate pace is reasonable.

At the Bank of Japan's policy meeting, committee member Atsuko Koeda said that in order to address high inflation, while considering the trade-offs for the economy, it is reasonable for the central bank to gradually raise policy interest rates. Koeda stated during a speech to local business leaders in Fukuoka, a city in western Japan, on Thursday that the core inflation rate is already around 2%. Considering the situation in the Middle East, she believes that the core inflation rate could exceed 2% in the future. The Bank of Japan needs to continue to raise interest rates and adjust the level of monetary easing based on the development of economic activity, prices, and financial conditions.