Japan’s new central bank chief assumes office as global risks loom
TOKYO – Japan’s new central bank governor Kazuo Ueda faces a bumpy road as slowing global growth clouds prospects for a sustained pickup in inflation and wages, a prerequisite for phasing out his predecessor’s controversial monetary stimulus. The 71-year-old academic’s term began on Sunday, succeeding Haruhiko Kuroda, whose second, five-year term ended on Saturday. Ueda … Continue reading Japan’s new central bank chief assumes office as global risks loom
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