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Bank of Japan board member Hitoshi Suzuki on Thursday voiced concern over the accumulated side-effects of a prolonged easy policy but added that there was no need to unwind now.
“The BOJ should pay due attention to the fact that side effects of monetary easing will accumulate over time," Suzuki told business leaders in Kobe City. "The Bank will continue to conduct monetary policy in an appropriate manner so as to fulfill the two missions of achieving price stability and ensuring the stability of the financial system.”