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Japan PM nominates Kazuo Ueda as Bank of Japan governor

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Agence France-Presse

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="A sign reading " Bank="" of="" Japan="" north="" is="" pictured="" as="" a="" member="" security="" walks="" at="" an="" entrance="" to="" the="" headquarters="" complex="" in="" Tokyo="" on="" December="" Richard="" A.="" Brooks="" AFP="" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/afp/02/14/20230214-bank-of-japan-afp.jpg"/><figcaption>A sign reading &quot;Bank of Japan - north gate&quot; is pictured as a member of security walks near, at an entrance to the Bank of Japan (BoJ) headquarters complex in Tokyo on December 20, 2022. <em>Richard A. Brooks / AFP/FILE</em></figcaption></figure></div><p>TOKYO - Economics professor Kazuo Ueda was nominated Tuesday as the Bank of Japan&#x27;s next governor, tasked with navigating a way forward after a decade of extraordinary monetary easing.</p><p>Prime Minister Fumio Kishida picked Ueda as BoJ chief, according to a government document handed to reporters. The decision is likely to be easily approved by lawmakers as the ruling coalition commands a healthy parliamentary majority.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/12/20/22/japan-central-bank-tweaks-monetary-policy-yen-strengthens">Japan central bank tweaks monetary policy, yen strengthens</a></li>	<li><a href="https://news.abs-cbn.com/business/01/18/23/bank-of-japan-leaves-policy-unchanged-yen-weakens">Bank of Japan leaves policy unchanged, yen weakens</a></li>	<li><a href="https://news.abs-cbn.com/business/10/28/22/bank-of-japan-sticks-to-easing-despite-yen-pressure">Bank of Japan sticks to easing despite yen pressure</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/XebJCUOJtcg?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

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.