BoJ Nakamura: Conditions not fallen into place for modifying monetary policy

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BoJ Nakamura: Conditions not fallen into place for modifying monetary policy

BoJ board member Toyoaki Nakamura said, “I don’t think conditions have fallen into place for Japan to modify monetary policy.” He warned, “if we raise interest rates now or before wages pick up, we would be taking away from companies money that would otherwise have been used to raise pay.” He added, “we’ll patiently maintain […]

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