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BOJ hints of rate hike if yen hugely affects inflation
Transcript
00:00The Bank of Japan, or BOJ, might raise interest rates if sharp declines in the yen significantly
00:05boost inflation or alter public perception of future prices more than expected.
00:10Board member Seiji Adachi emphasized that while short-term currency fluctuations wouldn't
00:15prompt a policy change, persistent yen depreciation could impact inflation expectations enough
00:21to warrant a rate hike.
00:23Adachi also predicted consumer inflation would re-accelerate from summer through autumn due
00:28to rising import costs and sustained wage gains.

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