BOJ Policymaker Koeda Seeks to Raise Interest Rates

BOJ Policymaker Koeda Seeks to Raise Interest Rates
Tokyo, Nov. 20 (Jiji Press)--The Bank of Japan should raise interest rates to avoid future distortions as rates are currently significantly low, BOJ policymaker Junko Koeda said on Thursday. The central bank "needs to proceed with interest rate normalization" from significantly low levels "to avoid creating unintended distortions in the future," Koeda, a member of the BOJ's Policy Board, sa...