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Bank of Japan Committee Member: Inflation Target May Be Reached Sooner Than Expected, Consider Raising Interest Rates Soon
Summary: During a speech to business leaders in Fukushima Prefecture, Bank of Japan committee member Naoki Tamura stated that the Bank of Japan should consider raising interest rates soon, as inflation may reach the target sooner than expected. Tamura emphasized the importance of adjusting policy rates and monetary easing in a timely and appropriate manner based ...
During a speech to business leaders in Fukushima Prefecture, Bank of Japan committee member Naoki Tamura stated that the Bank of Japan should consider raising interest rates soon, as inflation may reach the target sooner than expected. Tamura emphasized the importance of adjusting policy rates and monetary easing in a timely and appropriate manner based on economic activity and price improvements, without any preconceived analysis. He believes that the speed of inflation may outpace the Bank of Japan's expectations, necessitating decisive action in the face of global uncertainty.
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Link: Bank of Japan Committee Member: Inflation Target May Be Reached Sooner Than Expected, Consider Raising Interest Rates Soon [Copy]
