Is the Bank of Japan not interested in communicating with the market?

8/6Ueda Bank of Japan(hereinafter, BoJ)the vice governor said that interest rate hikes would not be made while financial markets are in turmoil, denying the possibility of additional hikes for the time being.7/31This is framed as a correction to BoJ Governor Ueda's sudden consecutive-hike remarks, but the impression remains that it is a makeshift response to the stock market crash. The article explains the future direction of monetary policy and the impact on the dollar-yen rate.