TOKYO, March 10 — Japan’s parliament today approved economics professor Kazuo Ueda as the central bank’s next governor, after a decade of monetary easing by outgoing chief...
TOKYO, March 10 — Japan’s parliament today approved economics professor Kazuo Ueda as the central bank’s next governor, after a decade of monetary easing by outgoing chief Haruhiko Kuroda.
Most observers expect the bank to leave its policy unchanged, but there has been speculation about surprise tweaks, including a possible further widening of the band in which rates for 10-year government bonds fluctuate. Inflation hit 4.2 per cent in January, driven by factors including higher fuel costs, but Kuroda has argued the price rises were the result of temporary factors like the war in Ukraine.
Current factors driving higher prices “will likely ebb in the future, and inflation in consumer prices will likely drop below two per cent,” he added.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blind researcher developing suitcase-cum-navigational tool for travellersTOKYO (The Japan TImes/Asia News Network): A blind researcher in Japan is developing a suitcase that uses artificial intelligence (AI) to help visually impaired people navigate safely.
Read more »
Japan's workers eye bumper pay hike in closely watched union talksTOKYO, March 8 ― Japan's big companies are expected to deliver the largest pay rise in 26 years in next week's “shunto” wage negotiations, offering policymakers...
Read more »
Muhyiddin expected to be charged March 10, MACC chief confirmsPUTRAJAYA: Bersatu president Tan Sri Muhyiddin Yassin is expected to be charged in court on Friday (March 10). Malaysian Anti-Corruption Commission (MACC) chief commissioner Tan Sri Azam Baki confirmed this when contacted on Thursday (March 9).
Read more »
Amazfit GTR Mini to launch in Malaysia this 17 March | TechNaveAmazfit Malaysia has announced that its upcoming smartwatch series, the Amazfit GTR Mini will be debuting in Malaysia on 17 March 2023. Teased via its offi
Read more »
Women march as rights under threat across the globeMADRID, March 8 — Women were beginning to hit the streets en masse across the globe on Wednesday to defend rights that are coming under increasing attack. To mark International...
Read more »