MNI POLICY: BOJ Sees No Need To Rush Rate Hikes

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Sep-24 03:29By: Hiroshi Inoue
Bank of Japan

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The Bank of Japan sees little need to raise the policy rate unless cost pass-through strengthens and the median forecast for fiscal 2026 core-core CPI rises above 2% from 1.9%, noting minimal risk of falling behind the curve or a wage-price spiral, w...