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IMF’s Gopinath: Japan’s services inflation remains below 2% target

Gita Gopinath, the First Deputy Managing Director of the International Monetary Fund (IMF), said Friday that “Japan’s services inflation remains below 2% target, which is why remains appropriate the Bank of Japan (BoJ) to maintain accommodative monetary policy.” Additional quotes We see positive signs of Japan’s inflation moving durably to the 2% target.

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