BOJ Must Avoid Tardy, Premature Rate Hike: Policymaker Noguchi

Oita, Nov. 27 (Jiji Press)--The Bank of Japan must raise its policy interest rate at a timing that is not too late and not too early, BOJ policymaker Asahi Noguchi said Thursday. Speaking at a press conference in the southwestern Japan city of Oita, Noguchi added that the downside of a delayed rate hike, including excessive price increases and economic expansion, will become larger the clos...