BOJ members agree on need to continue raising rates, minutes show
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TOKYO, Jan 28 : Bank of Japan policymakers agreed on the need to keep raising interest rates, with some emphasising the role of a weak yen on underlying inflation and the timing of the next interest rate hike, minutes of their December meeting showed on Wednesday. The remarks highlight the board's readiness to continue pushing up still-low borrowing costs even after its decision in December to raise the policy rate to a 30-year high of 0.75 per cent. "Given current very low real interest rates,
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