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Story summary
- Naoki Tamura, a Bank of Japan (BOJ) policymaker, said the 2% inflation target could be reached by spring 2026.
- In a Yokohama speech, he emphasized timely and appropriate policy and signaled potential rate hikes to maintain the goal.
- Tamura noted rate increases since March 2024 have had little impact, and he said identifying the neutral rate requires analyzing responses as policy rates move.
