BOJ should not be overly cautious raising rates, board member Koeda says

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Oct 15 : Bank of Japan board member Junko Koeda said on Thursday the central bank should not become overly cautious about raising interest rates given considerable upside risks to inflation.

"The BOJ should adjust interest rates in a timely manner with an eye on the economic and price situation, while keeping in mind the estimated range of the neutral interest rate," she said in a speech delivered to business leaders in Kumamoto, southern Japan.

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