See no risks posed by Fed, BOE rate hikes: BOJ's Iwata

TOKYO (Reuters) - Bank of Japan Deputy Governor Kikuo Iwata said on Tuesday he did not think that an interest rate increase by the U.S. Federal Reserve or the Bank of England will pose a risk to financial markets.

Iwata, speaking at the upper house financial affairs committee, said it is possible that foreign exchange markets have fully priced widely expected rate hikes in the United States and Britain.

(Reporting by Stanley White; Editing by Chang-Ran Kim)