New Bank of Japan Governor Ueda must strive for adaptability and avoid causing market turmoil as he steers the monetary-easing policy toward an exit strategy.
Incoming BoJ Governor Kazuo Ueda inherits his office with Japan in far better shape than the disaster Haruhiko Kuroda turned around when he took over in...
As Bank of Japan chief, Kazuo Ueda will be given the difficult task of maintaining monetary easing for the present while edging toward an "exit strategy."
The 40-year cycle theory says that Japan's national power will hit a low point in 2025. To avoid this, Japan needs prudent and well-balanced monetary policies.
Western monetary policy and China's economic instability could be tremors of a global recession, while weak export demand would constrain Japan's growth.
With predictions of rising inflation, trade unions say workers deserve a 5% pay rise. Meanwhile, BOJ reviews monetary policy against the threat of recession.
Long-term interest rates and the value of the yen spiked in response to the abrupt policy shift by the Bank of Japan. Meanwhile, stock prices plummeted.
"Market mechanisms are always followed by tears and laughter," says Sojitz Research Institute Chief Economist Tatsuhiko Yoshizaki on the weak yen.
To counter the yen’s depreciation, the Kishida government must provide financial help to households and businesses, and request firms to raise wages.
The strong US dollar is weighing on the global economy, including developing economies whose currencies are declining and foreign debt burden increasing.
The Bank of Japan is considering digital currency to keep pace with the United States and respond to China's pursuit of controlling the digital global standard.
Despite a looming US recession, traders crave the dollar, causing trouble for the currencies of Japan and China, which are also impacted by the war in...