Governor Ueda’s First International Appearance Reveals The Bank Of Japan’s Influence

July 02, 2023

Bank of Japan Governor Ueda surprisingly stole the show when making his first international English appearance since taking office at the ECB’s annual gathering of central bankers in Sintra, Portugal this week, during a live panel with fellow peer central bankers including Fed Chair Powell, ECB President Lagarde and Bank of England Governor Bailey.

Clips from the event of the new face of the Bank of Japan have been going viral, as the soft-spoken academic made light-hearted jokes onstage in an otherwise tense moment in macro policy. Yet, there is far more to take away from the event than just Governor Ueda delighting the crowd.

Weston Nakamura breaks down the new head of the BOJ’s behavior, including what the otherwise outgoing Governor avoids answering, and points to a very telling picture of the overall modern day inter-central bank relationships.

Footage and clips from European Central Bank ECB Forum on Central Banking - Policy Panel
https://www.ecb.europa.eu/pub/conferences/ecbforum/html/index.en.html
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