Hayami signals end in sight for zero-rate policy

Hayami signals end in sight for zero-rate policy

TOKYO, Japan - Bank of Japan (BOJ) Governor Masaru Hayami, in a speech at the central bank's quarterly meeting of branch managers, signals on July 24 that the bank is close to scrapping its 17-month-old hyper-easy monetary policy, citing brighter prospects for an economic recovery and diminishing deflationary risks.

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