TOKYO : Bank of Japan Governor Kazuo Ueda said on Wednesday the central bank expects the economy to move closer to sustainably achieving its 2 per cent inflation target next year, suggesting the timing of its next interest rate hike was nearing. Consumption has shown signs of improvement as intensifying labour shortages push up wages, Ueda said, stressing progress Japan has made in durably achieving the BOJ's price target after years of aggressive monetary stimulus. But he warned of the need to

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