Bank of Japan (BoJ) Board Member Kataoka Speech

The Bank of Japan has one Governor, two Deputy Governors, the Members of the Policy Board (six), the Auditors (three or fewer), the Executive Directors (six or fewer), and the Counselors (a few).

Kataoka Goushi is the Member of the BoJ Policy Board and is a Japanese economist. His term is set from July 24, 2017 to July 23, 2022. Before that he worked at Mitsubishi UFJ Research and Consulting Senior Researcher.

Japanese people tend to maintain the status quo. Kataoka was the only Board member who stated objection to the decision "to maintain the status quo".

If some hints at tightening the monetary policy by the Bank of Japan are detected in the Board Member speech, it may affect JPY positively. However, important people tend to avoid making explicit statements as they avoid having a significant impact on the market. The speech is made in Japanese, so the decision can be made faster by a native Japanese investor.