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Rate Hikes Wouldn’t Put Brakes on Japan’s Economy, BOJ’s Ueda Says

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NAGOYA, Japan—The Bank of Japan will thoroughly discuss the possibility of an interest-rate increase at its coming meeting, Gov. Kazuo Ueda said, stoking hopes that it will resume monetary tightening this year.

Now that Tokyo’s trade agreement with the Trump administration has reduced external risks, the BOJ governor said the central bank will pay special attention to the outlook for wage increases in Japan next year.

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