Bank of Japan board member Toichiro Asada said he would only support another interest rate hike once inflation is clearly being driven by stronger domestic demand rather than temporary cost pressures. Speaking after dissenting against the BoJ’s June rate increase, Asada said, “I would support another rate hike only after confirming demand-driven inflation,” signaling that […]The post BoJ’s Asada: Demand-Driven Inflation Needed Before Another Rate Hike appeared first on ActionForex.