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(MNI) Tokyo

Bank of Japan board member Asahi Noguchi said on Thursday that the BOJ must maintain easy policy to achieve the 2% sustained price stability target through improvement of labour markets and moderate wage hikes.

“Despite a prolonged easy policy, Japan hasn’t been achieved the 2% price target as economic conditions haven’t improved as strong as to cause sufficient wage hikes,” Noguchi told business leaders in Kumamoto City, see: MNI INSIGHT: BOJ Needs To Set The Stage For A JGB Band Review.

MNI Tokyo Bureau | +81 90-2175-0040 |
MNI Tokyo Bureau | +81 90-2175-0040 |

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