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BOJ's Ueda signals readiness to raise rates if growth re-accelerates

Reuters
Summary
Nutrition label

77% Informative

Bank of Japan Governor Kazuo Ueda said the central bank will raise interest rates once it is convinced enough that economic and price growth will re-accelerate after a period of stagnation.

Ueda also signaled the bank will continue to taper its huge bond buying even after an existing plan expires.

The BOJ ended a massive stimulus last year and in January raised short-term interest rates to 0.5% .

VR Score

89

Informative language

98

Neutral language

13

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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