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Five Things You Need to Know About Reported BOJ Pick Kazuo Ueda
Japanese Prime Minister Fumio Kishida’s reported choice of Kazuo Ueda for the top job at the Bank of Japan has blindsided markets, initially triggering a sharp rise in the yen. Ueda’s name was absent from many polls asking who is likely to replace governor Haruhiko Kuroda, with most economists focusing on deputy governor Masayoshi Amamiya and his predecessor Hiroshi Nakaso. As investors tune in on the surprise pick, here are five things you need to know about Ueda. Experienced Central Banker While the 71-year old Ueda has spent most of his working life as an academic, he served as a BOJ board member at a critical ... (full story)