BoJ board member Masu says underlying inflation is gradually approaching 2%, but currently does not expect it to rise substantially above that level; when asked about 50bps hike, said the bank should proceed cautiously with hikes

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BoJ board member Masu says underlying inflation is gradually approaching 2%, but currently does not expect it to rise substantially above that level; when asked about 50bps hike, said the bank should proceed cautiously with hikes

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  • It is essential to stabilize the underlying inflation trend at around 2%.

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