Former BOJ Deputy Governor Wakatabe: Economic Strength Must Be Assessed Before Rate Hike

Former Bank of Japan Deputy Governor Masazumi Wakatabe emphasized the importance of evaluating whether the economy is robust enough to withstand an interest rate hike by the Bank of Japan. According to Jin10, Wakatabe noted that the decision to raise rates in June is not the critical issue, but rather the overall strength of the economy should be the focus.