BoJ's Fukui says rate hike will be carefully timed

Bank of Japan governor Toshihiko Fukui said Thursday 2 November that the central bank will take monetary policy action "not too early or too late," for a second rate hike in the current gradual credit-tightening cycle.

"We have no presumptions on the timing of adjusting interest rates," Fukui told the upper house financial affairs committee. "The most important thing for us is to take action not too early or too late."

"I think the markets are also in the middle of sussing out the timing (of

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