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Bank of Japan Governor: If economic and price conditions continue to improve, the Bank of Japan must raise its policy rate accordingly

Bank of Japan Governor: If economic and price conditions continue to improve, the Bank of Japan must raise its policy rate accordingly

CointimeCointime2024/12/25 05:00
By:Cointime

Governor of the Bank of Japan, Haruhiko Kuroda, stated that if the economic and price situation continues to improve, the Bank of Japan must correspondingly raise policy interest rates. If monetary policy remains too loose, it may force the Bank of Japan to quickly raise interest rates, which would have a negative impact on sustainable economic growth.

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