Bank of Japan governor Ueda hospitalised, will miss June meeting


FILE PHOTO: Bank of Japan Governor Kazuo Ueda speaks during a press conference after a BOJ policy meeting in Tokyo, Japan, April 28, 2026. REUTERS/Kim Kyung-Hoon/File Photo

TOKYO, June 10 (Reuters) - ⁠Bank of Japan Governor Kazuo Ueda ⁠has been hospitalised for medical treatment ‌and will miss the June 15-16 policy meeting, the central bank said on Wednesday.

Deputy Governor Ryozo Himino ​will preside over the rate ⁠review in place ⁠of Ueda, and the other deputy governor, Shinichi ⁠Uchida, ‌is set to host the post-meeting press conference, the BOJ said ⁠in a statement.

Ueda, 74, is expected ​to remain ‌in hospital for about two weeks getting ⁠treatment for ​an infected liver cyst, work remotely and attend the next July 30 to 31 ⁠policy meeting, the BOJ said.

The ​BOJ is widely expected to raise its short-term policy rate to 1% from 0.75% at ⁠next week's meeting, which would take borrowing costs to levels unseen in three decades.

The announcement follows one the BOJ made in ​late May that its ⁠Deputy Governor Uchida had been discharged from ​hospital after recovering from ‌leukaemia treatment.

(Reporting by Kantaro Komiya, ​Leika Kihara and Anton Bridge; Editing by Andrew Heavens and Tomasz Janowski)

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