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BOJ Is Said to See Little Impact From Election on Rate Stance

BOJ Is Said to See Little Impact From Election on Rate Stance

Bloomberg5 days ago
Bank of Japan officials see little need to shift their policy stance of gradually raising interest rates in the wake of Prime Minister Shigeru Ishiba's latest election setback, according to people familiar with the matter.
While officials will keep a close eye on the government's fiscal policy going forward, they still consider it appropriate to keep raising the BOJ's benchmark rate if their economic outlook is realized, the people said.
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