BoJ governor lauded for smooth policy change

Capable hands: Ueda speaks during a press conference in Tokyo. He is the central bank’s first post-war governor from an academic background. — AFP

TOKYO: Tomorrow will mark one year since Bank of Japan (BoJ) governor Kazuo Ueda took office.

Market players have praised his skill in ending 11 years of massive monetary easing, but the key point of this exit is still to come. The next move, including additional interest rate hikes, will be a focus of attention for the Japanese central bank under Ueda.