BOJ’s Harada hopes close communication will avoid shocking markets

Reuters reporting additional comments from the BOJ board member Harada, as he continues to speak on the monetary policy program at the Capital Markets Research Institute in Tokyo.

Headlines:

Hopes close communication will avoid shocking markets

Triggering big yield spike when BOJ hikes rates

Current programme is based on premise that BOJ will ensure inflation won't accelerate well above 2%, will prevent that by raising rate if needed