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BOJ Chief Says Bank Will Keep Raising Rates, Anchor Inflation Near 2% Target

Governor Kazuo Ueda said the Bank of Japan will focus on anchoring underlying inflation around its 2% target and will not tolerate an overshoot.

By Leika KiharaBank of Japan Governor Kazuo Ueda said on Friday the central bank will focus on anchoring underlying inflation around its 2% target and won't tolerate any overshoot, stressing anew its resolve to continue raising interest rates.Ueda also said recent domestic data and discussions he h…