He will succeed incumbent Haruhiko Kuroda, whose second, five-year term ends on April 8. Read more at straitstimes.com.
TOKYO - Japan’s government is expected on Tuesday to name academic Kazuo Ueda as its pick to become next central bank governor.
The expected appointment was first reported by the Nikkei newspaper and confirmed by Reuters last Friday. The leadership transition marks a historical end to Mr Kuroda’s decade-long monetary experiment that sought to shock the public out of a deflationary mindset.The change could also finally align Japan with other major economies towards higher interest rates.
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