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3 Oct 2024
BoJ’s Noguchi: Timing of next rate hike is data dependent
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No comment on PM Shigeru Ishiba’s remarks on monetary policy .
Expect the Bank of Japan (BoJ) to adjust degree of monetary policy if economy moves in line with forecast, even at a very slow pace.
Personally feel we need to proceed very carefully in adjusting degree of monetary support.
Timing of next rate hike is data dependent.
Can't say now when the BoJ will raise rates again.