- No set pace in mind when it comes to rate hikes
- Must scrutinise data particularly on the real economy
- Rate hike so far has had intended effect
- But must avoid falling back into deflation with premature rate hikes
- Risk of upward pressure heightening from yen declines has reduced significantly
The headline remark takes some of the edge of his earlier comments in the day here. USD/JPY continues to trade little changed on the day, seen at 149.30 currently.
