Bank of Japan (BoJ) policymaker Masazumi Wakatabe expressed his views in a Bloomberg TV interview on Monday, suggesting that the upcoming policy meeting would involve interesting discussions on communication strategies. Wakatabe mentioned that it is still premature to consider the current inflation as sustainable and stable. He anticipated that there would be no changes in policy at the June meeting, citing overwhelming reasons for the continuation of the current policy. However, he acknowledged that adjustments to specific aspects of the strategy and tools may be necessary in the future. Wakatabe emphasized the importance of effective communication in conveying any changes in the strategy and tools, making it a noteworthy aspect of the upcoming meeting.
