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Japan Expected to Name Kazuo Ueda, Backer of Zero Rates, as Central Bank Head
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TOKYO—The expected nominee to lead the Bank of Japan , a longtime advocate of aggressive monetary policy, said Friday he wanted to continue the low-interest rate stance of the current governor.
The government has decided to nominate Kazuo Ueda, a former University of Tokyo professor who served on the BOJ’s policy board from 1998 to 2005, as the next governor, said a person briefed on the appointment and public broadcaster NHK.
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