BOJ hawk Takata says nimble rate hikes needed as inflation risks build
BoJ's Takata has began blowing the wind for rate hike. While he is a notable hawk, his argument for more active role from the BoJ is not wrong in the current inflationary dynamic.
JPY is catching a bid on hopes of commitment from the BoJ in September. USD/JPY is trading 0.07% lower at 160.05.