Bank of Japan member Tamura: “It is necessary to raise the policy rate to at least 1%”
Naoki Tamura, a member of the Bank of Japan’s Monetary Policy Council, gave a speech in Okayama on the 12th, stating that there is a risk that prices will rise more than expected in the future, and that the policy interest rate will be increased by at least 1% to stabilize prices. He expressed the idea that it is necessary to raise it gradually to about %.
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