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Meanwhile, In Japan…
"Consumer prices aren't going back to constantly falling below 2%," Haruhiko Kuroda said Friday, speaking to reporters for a final time as Bank of Japan governor.
On Monday, Kazuo Ueda, Kuroda's successor, will hold an inaugural press conference.
Kuroda spoke on a day when labor ministry data showed real wages for Japanese workers fell an 11th consecutive month. February's 2.6% YoY decline was among the larger drops seen during the streak.
The latest update on inflation, released late last
Stagflation?