The Bank of Japan's Takada believes that the situation has entered a new stage; at this stage, the central bank needs to speed up the pace of moving policy interest rates closer to neutral interest rates so that it can respond flexibly.

The Bank of Japan's Takada believes that the situation has entered a new stage; at this stage, the central bank needs to speed up the pace of moving policy interest rates closer to neutral interest rates so that it can respond flexibly.