A man walks past the Bank of Japan headquarters in central Tokyo. — AFP
TOKYO: One of the leading candidates to become Japan’s next prime minister says it is too soon for the Bank of Japan (BoJ) to move away from an ultra-easy policy, as the nine lawmakers set to contest this month’s ruling party election sparred during a press conference.
Sanae Takaichi, a well-known dove on fiscal and monetary policy, said last Saturday that since inflation was being driven by high costs of energy, food and other commodities, the BoJ should be more cautious about raising interest rates.
