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AI Search: Tokyo inflation data released on Oct. 2 showed a sharper-than-expected rise, reinforcing expectations that the Bank of Japan will keep normalizing policy.

Tokyo inflation data released on Oct. 2 showed a sharper-than-expected rise, reinforcing expectations that the Bank of Japan will keep normalizing policy. Separately, Japan's economy minister said the country no longer needs excessively loose monetary policy, reinforcing the hawkish shift.

Sources: https://www.reuters.com/5f374b32b07b/world/asia-pacific/tok

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