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Ex-BOJ policymaker Noguchi calls for end to easy policy, forecasts December rate hike

Former Bank of Japan board member Asahi Noguchi told Reuters that Japan no longer needs expansionary fiscal and monetary policies, and projected another interest rate hike by the central bank in December.

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Former Bank of Japan board member Asahi Noguchi told Reuters that Japan no longer needs expansionary fiscal and monetary policies aimed at boosting demand, and said he expects the central bank to raise interest rates again in December. Noguchi’s comments were made in an interview with Reuters.