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Bank of Japan policy committee suggests preparations for interest rate hikes if inflation is going well

Summary by ARAB NEWS
TOKYO/AKITA: Bank of Japan Policy Committee Member Junko Nakagawa stated that interest rate hikes will continue if the inflation rate moves as predicted by the Bank of Japan, and suggested that the market crash last month did not derail the Bank of Japan's plans to steadily raise borrowing costs. However, she added that central banks must consider the impact of such market movements on the economy and price prospects when considering the pros an…
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