The International Monetary Fund on Friday urged the Bank of Japan to end its yield cap program and other unprecedented monetary easing steps while gradually raising interest rates as a result of the country’s improving inflation outlook. In normalizing monetary policy, the BOJ should take a “gradual and well-communicated” approach to anchor market expectations of the shift after a decade of powerful monetary easing that was designed to attain its goal of stable inflation at 2 percent, the IMF said. BOJ Deputy Governor Shinichi Uchida on Thursday reassured financial markets that monetary condit…