TOKYO : The Bank of Japan may prefer to go slow in ending ultra-low interest rates, but the weak yen and risks of an inflation overshoot could prod it to act before year-end, former central bank official Hiromi Yamaoka told Reuters on Wednesday.Under pressure to phase out years of massive monetary stimulu
The Bank of Japan may prefer to go slow in ending ultralow interest rates, but the weak yen and risks of an inflation overshoot could prod it to act before…
A weak yen and the threat of accelerating inflation could force the Bank of Japan’s hand and see it begin phasing out its stimulus programme much sooner than…
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