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The Bank of Japan is widely expected to leave its policy rate unchanged at a two-day meeting from Thursday, a month after implementing a hike for the first time in 17 years, though a persistently weak yen is raising the prospect of higher inflation driven by import costs. ....
Bank of Japan chief Kazuo Ueda says the central bank will "very likely" raise interest rates if underlying inflation continues to increase, stressing future decisions will be data dependent. ....