In Bank of Japan chief's birthplace, Ueda's policy puzzle is laid bare

Challenges for Bank of Japan: Bank of Japan Governor Kazuo Ueda faces difficulties in transitioning Japan's economy from monetary stimulus, particularly as rural areas like Makinohara struggle to keep pace with national recovery and rising interest rates may hinder local businesses.

Economic Disparities: While some businesses in Makinohara adapt to changing policies, many small firms are unable to raise wages or absorb higher costs, highlighting the stark contrast between urban economic growth and the challenges faced by rural communities.