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The likely next Bank of Japan governor is described as flexible, realistic, well-balanced and not prone to follow a single monetary policy theory. ....
Lawmakers reacted in bafflement when the news spread like wildfire on Feb. 10 through political and financial circles that economist Kazuo Ueda would be named the next Bank of Japan governor. ....
Five leading Japanese banks announced sharp increases in the interest rate for fixed-rate mortgages to be offered to new home buyers from January. ....