Kazuo Ueda has been nominated as the new governor of the Bank of Japan, succeeding Haruhiko Kuroda in April. The question remains whether he will stick to Japan’s ultra-loose policy. He’s already been dubbed neither as dove nor a hawk, but an owl. What does that mean? What will be his stance on monetary policy? Will he change course? And what’s next for the Japanese yen? On Money in the Market, The Afternoon Update's Hongbin Jeong speaks to Ruth Carson, Senior Reporter for FX & Rates at Bloomberg to find out more. 

 

Highlights:
00:57 - Who is Kazuo Ueda? 
03:09 - How has the Japanese yen reacted to Ueda's nomination? 
03:50 - What does his nomination mean for Japanese yen bulls? 
04:57 - What's the outlook like for the Japanese yen under Ueda's leadership? 
08:10 - What are the challenges that remain for Ueda when he takes the top seat? 

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