BOJ's Leading Dove Calls for Careful Approach to Tweaking Easing [Yahoo! Finance]
HITACHI LTD ADR (HTHIY)
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Source: Yahoo! Finance
the economic recovery, according to Toyoaki Nakamura, one of the bank's most dovish board members. Most Read from Bloomberg As Wars Rage, Cities Face a Dark New Era of Urban Destruction Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams “We are at a state where it's important to adjust the degree of monetary easing carefully in accordance with the economic recovery by assessing a broad array of data,” Nakamura said Thursday in a speech to local business leaders in Hiroshima. His remarks indicated that the idea of hiking interest rates this month may not have unanimous support. The yen weakened immediately after the speech as traders pared back bets on a December move. Nakamura's remarks come as expectations about the timing for the BOJ's next rate hike have fluctuated over the last week. While Nakamura signaled there's no need to move in December, it's unclear how widely his views are shared among his peers on the board after Governor Kazuo Ueda kept all optio
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