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BOJ Governor Ueda says it is important to foster sustainable inflation

BOJ Governor Ueda says it is important to foster sustainable inflation

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OSAKA — Bank of Japan Governor Kazuo Ueda said Monday he saw positive signs of sustained inflation but was not yet ready to end monetary easing.

“The Japanese economy has entered a critical phase in terms of creating a virtuous circle between wages and prices, and what is important at this phase is to carefully nurture the buds of change in the economy,” he said. Ueda told business leaders in Osaka.

THE…

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Eleon

With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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