Muto says BoJ to raise rates when needed - report

The Bank of Japan would carry out an additional interest rate hike once it confirms a need to act, BoJ deputy governor Toshiro Muto said in an interview with Jiji Press published Tuesday 21 November.

"At this point of time, the question tends to be whether [the next rate hike] is going to be in December or not. But we have not specified any timing, including December," Toshihiro Muto told Jiji Press in the interview.

"It's completely open," he said. "We need to make a decision carefully, but on

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