BOJ chief signals no rush in raising rates further
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OSAKA :The Bank of Japan can afford to spend time scrutinising market and overseas economic developments in setting monetary policy, governor Kazuo Ueda said on Tuesday, suggesting that the central bank was in no rush to raise interest rates further. Ueda reiterated that the BOJ will raise interest rates if underlying inflation accelerates towards its 2 per cent target as projected, a sign there was no change to its stance to gradually push up borrowing costs from still near-zero levels. But he
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