Bank of Japan's newly appointed review committee member Sato: Agreed that interest rates need to be adjusted gradually. A fixed pace of interest rate hikes should not be set in advance. The central bank must independently formulate monetary policy and maintain coordination with the government's active fiscal policy.

Bank of Japan's newly appointed review committee member Sato: Agreed that interest rates need to be adjusted gradually. A fixed pace of interest rate hikes should not be set in advance. The central bank must independently formulate monetary policy and maintain coordination with the government's active fiscal policy.