The Zhitong Finance App learned that Bank of Japan review committee member Toichiro Asada (Toichiro Asada) said that the central bank needs to be cautious and closely monitor the impact of interest rate hikes on the economy — because rising interest rates risk depressing price trends.

The Zhitong Finance App learned that Bank of Japan review committee member Toichiro Asada (Toichiro Asada) said that the central bank needs to be cautious and closely monitor the impact of interest rate hikes on the economy — because rising interest rates risk depressing price trends.