BOJ won't raise rates when markets unstable, deputy governor says
Inflatie
HAKODATE, Japan: Bank of Japan (BOJ) Deputy Governor Shinichi Uchida said on Wednesday (Aug 7) the central bank won't raise interest rates when financial markets are unstable. The recent strengthening of the yen would affect the BOJ's policy decision because it reduces upward pressure on import prices, and therefore overall inflation, Uchida said. Stock market volatility would also influence the central bank's decision by affecting corporate activity and consumption, he said. "As we're seeing
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