BOJ's Iwata says slow rate rise likely as economy

Japanese interest rates will rise slowly and gradually if the economy continues to grow and prices keep rising, Bank of Japan Deputy Governor Kazumasa Iwata said in a newspaper interview published on Tuesday 26 September.

In an interview with the Yomiuri Shimbun daily, Iwata said the central bank would look to economic data to determine whether it would raise rates before the end of the year or at the beginning of next year.

"We'll decide whether it will be before the year-end or next year ba