The Japanese government has nominated Kazuo Ueda to lead its central bank, in a surprise move that could pave the way for the country to wind down its ultra-loose monetary policy.If appointed, Ueda a 71-year-old university professor and a former Bank of Japan (BOJ) board member would succeed Haruhiko Kuroda, the country's longest serving central bank chief and the architect of its current yield curve control policy (YCC).
#years #immediately #speculation #fourth-quarter #implications #interest-rates #current-state #central-bank
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