Bank of Japan needs to move sooner to a new normal as current policy is 'very harmful', says strategist

Bank of Japan needs to move sooner to a new normal as current policy is 'very harmful', says strategist

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Japan needs to transition sooner to a "new normal" as the country's current ultra low interest rate policy regime has been "inappropriate" and "very harmful" for the economy, according to a strategist. Central banks around the world have raised rates aggressively to rein in inflation, but Japan…

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