It is not clear when next rate hike would beBut Takaichi's approach is likely to be one that warrants cautionUSD/JPY unlikely to surge above 155 as inflation expectations remain lowWeak yen is positive for the economy when in the recovery phaseIt's not his first warning to the BOJ as he mentioned earlier this week that October would be "too early" for the next rate hike. In any case, the quick decline in the Japanese yen currency won't help Takaichi's case in wanting a slower pace on rate hikes. So, there's a balance to be struck. But it seems that they want to at least get markets to know that they have a watchful line in the sand around 155 for now. This article was written by Justin Low at investinglive.com.