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Price Stability Target Close to Being Achieved: BOJ Policymaker

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Tokyo, July 3 (Jiji Press)–A Bank of Japan policymaker suggested Thursday that the central bank is close to achieving its 2 pct inflation target while showing its plan to continue raising interest rates gradually. “As far as recent domestic developments suggest, I believe Japan’s economy is at a stage where the price stability target is close to being achieved,” Hajime Takata, a member of …

Price Stability Target Close to Being Achieved: BOJ Policymaker

Tokyo, July 3 (Jiji Press)–A Bank of Japan policymaker suggested Thursday that the central bank is close to achieving its 2 pct inflation target while showing its plan to continue raising interest rates gradually. “As far as recent domestic developments suggest, I believe Japan’s economy is at a stage where the price stability target is close to being achieved,” Hajime Takata, a member of …

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