Bank of Japan's Noguchi advocates gradual interest rate hikes
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TOKYO :The Bank of Japan can resume interest rate hikes as risks from U.S. tariffs subside but must do so at a "measured, step-by-step" pace, its board member Asahi Noguchi said, stressing the need to tread cautiously in pushing up borrowing costs. Noguchi warned that keeping real interest rates too low for too long could be detrimental to the economy, such as weakening the yen and fueling unwelcome rises in inflation. The remarks follow those from Governor Kazuo Ueda and others in the nine-
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