BOJ's Fukui says rate hike not ruled out

Bank of Japan governor Toshihiko Fukui said Friday 11 August the central bank will "slowly" adjust interest rates while keeping a close eye on economic and price moves ahead.

Fukui talked to reporters after the BOJ's policy board voted unanimously to maintain its policy of guiding the overnight call rate, its key policy target, at 0.25%.

Fukui said at the press conference that the remarks were made to dispel "preconceptions within the market that there won't be a rate hike this year."

Fukui said

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