A Bank of Japan board member said Thursday that interest rates in Japan will increase far slower than in other countries, underscoring the central bank’s commitment to accommodative financial conditions in the pursuit of stable inflation. Asahi Noguchi, who sits on the nine-member decision-making body of the BOJ, also indicated that the highest point for its policy rate will still be lower than in other countries, even though the central bank moved to normalize policy by ending unorthodox monetary easing steps and going ahead with its first rate hike in 17 years last month. The comments came a…