• Reuters

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Bank of Japan board member Yukitoshi Funo on Thursday warned against intensifying economic pressure from slowing global growth and reiterated the central bank’s readiness to respond to the broadening hazards.

Funo — who has consistently voted with the majority of the nine-member board — repeated the BOJ’s view in July that it would act “without hesitation” if risks to achieving its 2 percent inflation target grew.

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