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BOJ Member Seeks to Raise Rates Further for Policy Normalization

Fukui, Sept. 10 (Jiji Press)--The Bank of Japan needs to raise interest rates further to "complete the normalization of monetary policy," Kazuyuki Masu, a member of the BOJ's Policy Board, said Thursday. Underlying inflation, which excludes temporary factors, remains below 2 pct but is "very close" to the BOJ's 2 pct target, he said in a speech in the central Japan city of Fukui. Noting ...

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