Bank of Japan says no tightening as oil stirs inflation

Tokyo: Japan’s central bank chief said on Friday the country will likely reach its key two-percent inflation target as oil rates surge, but the bank will continue monetary easing policies because the price rises are caused by external factors.
The Bank of Japan has struggled to lift inflation for nearly a decade with the world’s third-largest economy swinging between periods of sluggish…

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News Source: https://dailytimes.com.pk/903497/bank-of-japan-says-no-tightening-as-oil-stirs-inflation/

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