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Monetary tightening will be gradual and anticipated: IMF fiscal chief

Vitor Gaspar calls Japanese prime minister's focus on 'distribution' appropriate

The Federal Reserve building in Washington: Financial markets in general will benefit from price stability as monetary policy eventually normalizes, says the IMF's director of fiscal affairs.   © Reuters

WASHINGTON -- Normalization of monetary policy will be gradual, well communicated and not a source of turmoil, Vitor Gaspar, director of fiscal affairs at the International Monetary Fund, told Nikkei in an interview.

Edited excerpts from the interview follow.

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