BoJ’s Noguchi: Important to continue with easing persistently

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Bank of Japan’s Asahi Noguchi said that they must see wages rise at a faster pace than the rate of inflation to achieve the appropriate level of inflation in a stable manner.

Also, he said that Japan must see domestic maco-economic factors, such as steady rise in nominal wages, to push up prices to stably achieve BoJ’s 2% inflation target.

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