[Private Members of Japan's Economic and Fiscal Policy Council: The Bank of Japan Should Continue Raising Interest Rates at a Moderate Pace] Odaily Planet Daily News – Private member of Japan's Economic and Fiscal Policy Council, Toshihiro Nagahama: The Bank of Japan should continue raising interest rates at a moderate pace. Moderate rate hikes by the Bank of Japan are crucial to correcting the excessive depreciation of the yen. Toshihiro Nagahama: Personally, I believe a rate hike in June is appropriate, as delaying rate hikes would lead to excessive yen depreciation, causing harm to households. (Jin10)