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Central bank governor has been under pressure to review policy amid rising prices
NAGOYA, Japan—There are some signs of local inflation easing, Bank of Japan Gov. Haruhiko Kuroda said, a development that helps reduce pressure on the bank to tighten its ultraloose monetary policy.
“Recent price increases are due mostly to the rise in import costs and their pass-through to consumer prices. But resource prices have already started falling,” Mr. Kuroda said at a news conference.