Hawkish BOJ policymaker calls for ‘slow but steady’ rate hikes

TOKYO/AOMORI, Japan  — The Bank of Japan must proceed “slowly but steadily” toward normalizing its ultra-loose monetary policy, a hawkish board member Naoki Tamura said, flagging the potential for another interest rate hike if inflationary pressures heighten. But he also said that the risk of the BOJ being forced to tighten monetary policy aggressively to
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