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A hawkish member of the Bank of Japan’s policy board on Thursday called for potentially faster interest-rate increases, sending the yen to its strongest level against the dollar in eight weeks.

Hawkish BOJ policymaker calls for raising rates at least to 1% FILE PHOTO: A general view of the Bank of Japan headquarters in the dusk in Tokyo, Japan January 23, 2025. REUTERS/Issei Kato/File Photo ...