Former BOJ chief Kuroda predicts more rate hikes
Adrian Bogdan
TOKYO : The Bank of Japan will likely keep raising interest rates in the coming years as inflation appears on track to sustainably hit its 2 per cent target, said former governor Haruhiko Kuroda, known for launching a decade-long, massive stimulus programme. Despite the expected rate hikes, Japan's economy will achieve growth exceeding 1 per cent this year and beyond as rising real wages underpin consumption, Kuroda said in a research paper submitted to the House of Representatives' annual
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