A year on, BOJ chief still faces monumental policy normalization task

Bank of Japan chief Kazuo Ueda on Tuesday marked one year since taking up his post, leading one of the world's most dovish central banks to depart from its policy of unorthodox monetary easing measures undertaken by his predecessor.With negative interest rates and the yield cap program now gone, financial markets are looking at when the BOJ will decide to increase interest rates again following its first rise in 17 years which it carried out in March.A persistently weak yen -- and the risk of more cost-push inflation due to a recent uptrend in crude oil prices -- now pose challenges to Ueda…READ FULL ARTICLE