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BOJ policy rate seen unlikely above 2% amid market talk

Capital Economics’ Marcel Thieliant says Japan’s policy rate is unlikely to rise above 2%, as higher levels could push the BOJ into restrictive territory after the rate was raised to 1.25%.

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The Bank of Japan's policy rate is unlikely to rise above 2%, as that would probably move the central bank into restrictive territory, according to Capital Economics' Marcel Thieliant in a note. 25%, Thieliant said policy could be tightened more quickly than expected.