27 August 2026World Economy

Bank of Japan deputy governor calls for timely rate hikes

BOJ Deputy Governor Ryozo Himino said timely rate increases can prevent a future inflation spike.

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He warned that underlying inflation moving above the 2% target could harm the economy and require sharper tightening later.

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He warned that underlying inflation moving above the 2% target could harm the economy and require sharper tightening later.

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