BOJ's Koeda: Kumamoto speech signals cautious normalization path

BOJ Policy Board member Junko Koeda delivered a speech on economic activity, prices, and monetary policy in Kumamoto, reiterating the Bank's data-dependent approach. The speech likely reaffirms the gradual normalization stance, with no immediate policy shift signaled. Markets will parse her comments for any hints on the pace of rate hikes or balance sheet reduction.

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