Wakatabe

TOKYO : Even as cost-push factors boost inflation, global central banks must be vigilant to the risk of "Japanification", in which their economies face prolonged low inflation and stagnation, said Bank of Japan (BOJ) Deputy Governor…

WASHINGTON : Bank of Japan Deputy Governor Masazumi Wakatabe said on Saturday the yen's recent fluctuations were "clearly too rapid and too one-sided," signalling caution over the potential economic damage from the currency's slump to…