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BoJ’s Nakamura: I am not against rate hikes but feel decision should be data-dependent

Bank of Japan (BoJ) board member Toyoaki Nakamura said on Thursday that “I am not against rate hikes but feel the decision should be data-dependent.” Additional comments There will be plenty of data coming out before BoJ’s December meeting including Tankan, so want to scrutinize them in deciding whether rate hike would be appropriate.

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