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Board member of the Bank of Japan: There is currently no specific month to consider when the Bank of Japan will raise interest rates again
Seiji Anda, a board member of the Bank of Japan, said that there is no specific monthly consideration for when the Bank of Japan will raise interest rates again. At the same time, our rate hikes so far have had the desired effect, but we must avoid pushing Japan back into deflation by raising rates too early. (Jin Ten)
2024-10-16 05:45:35
The Bank of Japan will raise interest rates at a very moderate pace until underlying inflation is stable and sustainable at 2%.
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.
2024-10-16 02:05:25
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