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Japan’s Katayama says BoJ's latest rate hike was done to achieve inflation target

Japanese Finance Minister (FM) Satsuki Katayama said on Friday that the latest rate hike from the Bank of Japan (BoJ) was done to achieve the inflation target.

Katayama added that she expects the central bank to conduct appropriate monetary policy while coordinating with the government.

Market commentary only, not advice. 45 words on the desk. Trading involves risk. Headline credited to FXStreet.

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