Japan's Central Bank Faces Leadership Vacuum Amidst Economic Uncertainty. In a surprise move, Kazuo Ueda, the governor of the Bank of Japan, has been hospitalized, leaving a power vacuum at the country's central bank. Deputy Governor Shinichi Uchida is set to step in and lead a press conference, sparking concerns about the impact on monetary policy in the country. As the Bank of Japan navigates a complex economic landscape, including rising inflation and a weakening yen, Ueda's hospitalization has raised questions about the stability of the institution's leadership and the potential for policy changes.
Central bank deputy Shinichi Uchida to lead press conference after chief Kazuo Ueda hospitalised last week