[Breaking news after this]Mr. Kazuo Ueda, a candidate for the governor of the Bank of Japan, was heard by the House of Councilors | NHK

On the 14th of this month, the federal government submitted to the Diet a plan to nominate economist Kazuo Ueda, a former deliberative committee member of the Bank of Japan, to succeed Kuroda as Governor of the Bank of Japan.

On the twenty fourth of final week, three candidates for the governor and vice-president had been interviewed and questioned on the House of Representatives Operational Committee. A listening to and question-and-answer session shall be held.

We will present a fast report on Mr. Ueda’s beliefs and the alternate of questions.

Bank of Japan governor Kazuo Ueda is 71 years outdated.

He is certainly one of Japan’s main economists within the fields of macroeconomics and monetary idea.

After graduating from the Faculty of Science on the University of Tokyo in 1974, he engaged in analysis actions on the graduate faculty of the Faculty of Economics.

Studied overseas on the Massachusetts Institute of Technology within the United States and acquired a doctorate.

In 1993, he grew to become a professor on the Faculty of Economics, University of Tokyo.

From 1998, he served as a deliberative committee member of the Bank of Japan for seven years, offering theoretical help for the introduction of the “zero interest rate policy” and the “quantitative easing policy.”

After that, I returned to college as a professor on the University of Tokyo Graduate School of Economics.

Since 2017, she has been a professor at Kyoritsu Women’s University.

He additionally has a variety of actions exterior the college, equivalent to an out of doors director of the Development Bank of Japan and a particular advisor to the Bank of Japan Institute for Monetary and Economic Studies.

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