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MNI BRIEF: BOJ To Adjust Easy Policy Cautiously - Nakamura

MNI (TOKYO) - Bank of Japan board member Toyoaki Nakamura said on Thursday the BOJ favoured cautious adjustments to its easy policy driven by economic recovery considered against various data, noting the inflation rate will likely not reach 2% in fiscal 2025.

“I’m not confident of the sustainability of wage hikes,” Nakamura told business leaders in Hiroshima City.

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MNI (TOKYO) - Bank of Japan board member Toyoaki Nakamura said on Thursday the BOJ favoured cautious adjustments to its easy policy driven by economic recovery considered against various data, noting the inflation rate will likely not reach 2% in fiscal 2025.

“I’m not confident of the sustainability of wage hikes,” Nakamura told business leaders in Hiroshima City.

Keep reading...Show less