New BOJ chief Ueda will keep policy loose: Olivier Blanchard

Former top IMF economist sees SVB collapse as reason for caution on rate rises

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The Bank of Japan's first new governor in a decade will face a challenging financial environment. © Reuters

YUTA SAITO, Nikkei staff writer

NEW YORK -- As the Bank of Japan prepares for its first new governor in a decade amid rising inflation and instability in the global financial system, Olivier Blanchard, former chief economist at the International Monetary Fund, sees it staying the course on monetary easing.

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