Bank of Japan Governor Kazuo Ueda has expressed his concern about determining the appropriate size and timing for the normalization of Japan's accommodative monetary policy. Ueda emphasized the challenge of this issue and stated that it keeps him awake 24/7.
His remarks indicate a proactive approach to monetary policy as the central bank manages economic recovery and inflation. The governor's focus on the allocation of rate hikes over time highlights the delicate balance the BOJ must strike in fostering growth while addressing inflationary pressures.