Global EconomyIMPORTANT
BoJ Deputy Governor Himino says higher long-term interest rates are being interpreted by markets as a sign of persistent inflation concerns worldwide, adds monetary policy will be guided appropriately to achieve inflation goal stably and sustainably
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Says: Economic outlook can change depending on Middle East situation. Will consider timing and pace of adjustment while monitoring how Middle East developments affect Japan's economy, prices and examining the likelihood of realising the baseline scenario. Will continue to raise the policy rate, adjust the degree of monetary accommodation according to economic activity, prices and financial conditions.
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