BoJ Deputy Governor Himino says higher long-term interest rates are being interpreted by markets as a sign of persistent inflation concerns worldwide, adds monetary policy will be guided appropriately to achieve inflation goal stably and sustainably

Says:

• Economic outlook can change depending on Middle East situation.
• Will consider timing and pace of adjustment while monitoring how Middle East developments affect Japan's economy, prices and examining the likelihood of realising the baseline scenario.
• Will continue to raise the policy rate, adjust the degree of monetary accommodation according to economic activity, prices and financial conditions.