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The Bank of Japan will raise interest rates at a very moderate pace until underlying inflation is stable and sustainable at 2%.

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2024-10-16 02:05:25
Seiji Adachi, a BoJ deliberator, said the BoJ must raise interest rates in stages as it normalises monetary policy. The BoJ will raise interest rates at a very moderate pace and maintain accommodative financial conditions until underlying inflation is stable and sustainable at 2 per cent.
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