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Official: Bank of Japan Won't Raise Rates Amid Instability; Deputy Chief Says Central Bank Will Closely Observe Markets

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The Yomiuri Shimbun

15:58 JST, August 7, 2024

HAKODATE, Hokkaido — The Bank of Japan will not raise interest rates while financial and capital markets are unstable, central bank Deputy Gov. Shinichi Uchida said Wednesday in reference to the recent stock market declines and appreciation of the yen.

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