BFM 89.9
The Business Station
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21 mins
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Guest: William Pesek (Columnist), Nikkei Asia
The Japanese economy averted recession in the fourth quarter of 2022, expanding by an annualised 0.6%, but this was much smaller than the median forecast of 2% GDP growth. The latest data point to the challenge for incoming Bank of Japan governor, Kazuo Ueda, in normalising the bank’s ultra-loose policy without derailing the fragile economic recovery. What options does the Japanese central bank and government have to navigate the delicate policy tightrope? Tokyo-based journalist William Pesek shares his insights.
Image credit: Saranya Phu akat
Presenter: Shazana Mokhtar, Wong Shou Ning, Chong Tjen San
Producer: Shazana Mokhtar
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