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Japanese Deputy Chief Cabinet Secretary says aware of report that PM Takaichi voiced apprehension to additional BoJ rate hikes, adds Takaichi did not have a specific request and there is 'nothing more or less than that'

The comments from Japan's Deputy Chief Cabinet Secretary indicate internal government discussions regarding the Bank of Japan's potential future rate hikes, reflecting caution from PM Takaichi.

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Japanese Deputy Chief Cabinet Secretary says aware of report that PM Takaichi voiced apprehension to additional BoJ rate hikes, adds Takaichi did not have a specific request and there is 'nothing more or less than that'

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Context

This suggests that while there is awareness of market concerns, there is currently no official request to alter the BoJ's approach, potentially stabilizing JPY and impacting fixed income markets as traders assess any shifts in monetary policy guidance.

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