TOKYO -- The Bank of Japan's new governor on Friday underlined the side effects of the aggressive monetary easing introduced by his predecessor, but emphasized the need to monitor the situation patiently as uncertainty looms over the global economy.
Bank of Japan
BOJ's Ueda underlines easing side effects, but preaches patience
Central bank keeps easy monetary policy unchanged in Ueda's debut; will conduct review
Bank of Japan Gov. Kazuo Ueda speaks after chairing his first meeting on April 28 in Tokyo. (Photo by Shinya Sawai)
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