Some in BOJ see scope to raise rates sooner than markets expect, sources say: Reuters

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Some Bank of Japan policymakers see scope to raise interest rates sooner than markets expect, with April a distinct possibility, as a sliding yen risks adding to already broadening inflationary pressure, four sources familiar with its thinking said. BOJ policymakers are facing the unenviable task of pushing up years of ultra-low borrowing costs even as rising global headwinds weigh on growth in an economy that has only recently started to shake off the effects of chronic deflation. Having just

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