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Japan Declares End to Deflation, Interest Rates Likely Next
2/6/2025
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Story summary
- Japan has officially ended deflation, according to former BOJ Governor Haruhiko Kuroda.
- Kuroda indicated that raising interest rates is a natural step for the Bank of Japan.
- He asserted that Japan's economy has fully recovered from previous downturns.
- These remarks were delivered at a conference held in Tokyo.
