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Japan's top financial diplomat signals chance of BOJ policy tweaks

From channelnewsasia.com

Japan's top financial diplomat on Friday suggested the central bank may tweak its approach to monetary stimulus at its next policy meeting, due to "signs of changes" in corporate behaviour on wage growth and price rises. In rare remarks on monetary policy, Masato Kanda, vice finance minister for international affairs, said he expects the Bank of Japan (BOJ) to make a judgment on policy by analysing the conditions and outlook for prices at every review. The next meeting is on July 27-28. Kanda's remarks came hours after government data showed core consumer inflation grew 3.3 per cent in June - above the BOJ's 2 ... (full story)

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