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BoJ’s Himino Warns Against Delaying Hikes as Economists Favor December Move

Reported · Written up by our desk · Major Pairs

Bank of Japan Deputy Governor Ryozo Himino warned that delaying necessary interest rate increases could intensify inflation risks, arguing that underlying inflation is already “quite close to 2 per cent” while financial conditions remain accommodative. Speaking in parliament, Himino said rising medium- and long-term inflation expectations suggest underlying price pressures will converge toward the BoJ’s […] The post BoJ’s Himino Warns Against Delaying Hikes as Economists Favor December Move appeared first on ActionForex .

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