TOKYO (Reuters) -The Bank of Japan is “nearing” a decision to raise interest rates and will not wait until after next year’s spring wage negotiations end, its board member Kazuyuki Masu was quoted in the Nikkei newspaper as saying.
“I can’t say what month it’ll be, but in terms of distance, we’re close,” Masu said on the timing of the central bank’s next rate hike, according to the Nikkei, which interviewed him on Thursday.
(Reporting by Leika Kihara; Editing by Chris Reese)
