As Japan's prime minister names his pick for the new head of the country's central bank, it is clear that the job comes with some major chal

The latest figures published by the government show the economy is recovering from the pandemic at a far slower pace than expected.

At the same time prices are rising at the fastest rate in more than 40 years. บาคาร่าdg

So what can the academic Kazuo Ueda do to fix the world's third largest economy?

If approved by the country's parliament as the next governor of the Bank of Japan (BOJ), Mr Ueda has to deal with both slow economic growth and the highest inflation since 1981.

On Tuesday, official figures for the last three months of 2022 showed Japan's economy expanded by 0.6%, much lower than forecasts of 2% growth.

Meanwhile, data for December showed core consumer prices rose by 4% from a year earlier, twice the rate targeted by the central bank.

Experts warn that the next governor of the BOJ will struggle to raise interest rates to curb inflation without harming fragile economic growth.

Sackville

Early Learning Centre

As Japan's prime minister names his pick for the new head of the country's central bank, it is clear that the job comes with some major chal