Bank of Japan Policy Board member Naotaka Tamura: Will not comment on ideal fiscal policy

Bank of Japan board member Naoki Muramatsu said that when determining the timing of the next interest rate hike, the focus will be on how the surge in wholesale inflation affects the consumer price index, trends in service industry prices, inflation expectations, and corporate views on financial conditions. There will be no comments on ideal fiscal policy, but there will be consideration on how to best achieve price stability while also taking into account the impact of fiscal policy on the economy and inflation.