TOKYO (Reuters) -Bank of Japan board members debated the feasibility of raising interest rates in the near term, with one suggesting the timing may be appropriate, a summary of opinions at the central bank’s July policy meeting showed on Tuesday.
“Judging solely from the perspective of Japan’s economic conditions, it may be time to consider raising the policy interest rate again, given that it has been more than six months since the last rate hike,” one opinion was quoted as saying.
(Reporting by Leika Kihara; Editing by Jacqueline Wong)
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