The Bank of Japan may hike interest rates in December, sources say

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The Bank of Japan's policy meeting is progressing. Officials, especially the National Institute of Economic Development, emphasize the importance of new economic and wage growth data.

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Bank of Japan officials are eyeing an interest rate hike at their December policy meeting, sources familiar with the matter told The Times. The central bank appears to be preparing markets to allow policymakers to record economic data and currency developments.

Governor Kazulu Udiwa has emphasized on the wage growth trends while highlighting how he can influence the fatigue of the tired. The latest news is that the Bank of Japan is considering a possible growth move to correct inflation.

Board member Jukiko Cody responded to Nin's latest decline by pointing out the importance of policy standardization and the opportunity for a balanced level. Bank of Japan officials will prepare markets for possible price changes by paying attention to the decisions to be made in December.