- Various indicators show underlying inflation moving towards 2% inflation sustainably
- Some effects of monetary policy steps appear with a lag
- Want to scrutinise how policy decisions so far could affect the economy
- Neutral rate is an important means in deciding monetary policy
- But need to take into account features of various data, models, and assumptions as well
- Not saying BOJ should rush, or not rush, in raising interest rates
It's her first big appearance as she begins her five-year term as BOJ policymaker starting from today. So, don't expect any remarks that will deviate from the norm as to not break ranks.
