"I don't think he will idly continue a policy that didn't work and showing increasing side-effects," she said. The appointment of Ueda, which was first reported by the Nikkei newspaper and confirmed by Reuters on Friday, came as a surprise to many investors who expected the job to go to a career central banker like deputy governor Masayoshi Amamiya.
Economics professor Kazuo Ueda was nominated Tuesday as the Bank of Japan's next governor, tasked with navigating a way forward after a decade of extraordinary monetary easing.
By Leika Kihara TOKYO (Reuters) - Japan's government is expected to name academic Kazuo Ueda as its pick to become next central bank governor, a surpr.