New BOJ chief says must take time to gauge inflation trend ...Middle East

Japan's new central bank governor Kazuo Ueda said he wants more time to judge whether wage growth will be sustained enough to keep inflation stably at the bank's 2% target, suggesting he will be in no rush to dial back its massive stimulus. Ueda faces a bumpy road as slowing global growth clouds the prospects for a sustained pickup in inflation and wages, a prerequisite for phasing out his predecessor's controversial monetary stimulus.

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