MUFG Chief Calls for Earlier Bank of Japan Rate Hike to Tackle Inflation
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The chief executive of Japan's largest bank wants the Bank of Japan to raise its policy rate as early as the next meeting, given the outlook for higher inflation in the country.
'Our official company view sees March next year as a possible timing of the rate hike. But personally, I think September or October is quite possible,' Hironori Kamezawa, CEO of Mitsubishi UFJ Financial Group Inc., said in an interview.
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