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Member of central bank’s policy board says Japan on way to achieving 2% inflation target
A member of the Bank of Japan’s policy board has said that the need to adjust the bank’s policy rate is increasing “more than ever” as the country moves towards its inflation target.
Asahi Noguchi delivered the remarks today (September 29) in a speech that followed the bank’s decision to hold rates 10 days earlier. He noted that US tariff policy posed risks to the global economy and said it was not clear how these would materialise or to what extent.
Noguchi said Japan was on its way to achieving
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