Bank of Japan governor Ueda hospitalised, will miss June meeting
Bank of Japan Leadership and June Policy Meeting
Governor Ueda's Hospitalisation
TOKYO, June 10 (Reuters) - Bank of Japan Governor Kazuo Ueda has been hospitalised for medical treatment and will miss the June 15-16 policy meeting, the central bank said on Wednesday.
Leadership Arrangements for June Meeting
Deputy Governors' Roles
Deputy Governor Ryozo Himino will preside over the rate review in place of Ueda, and the other deputy governor, Shinichi Uchida, is set to host the post-meeting press conference, the BOJ said in a statement.
Governor Ueda's Expected Recovery
Ueda, 74, is expected to remain in hospital for about two weeks getting treatment for an infected liver cyst, work remotely and attend the next July 30 to 31 policy meeting, the BOJ said.
Policy Expectations and Recent Developments
Interest Rate Outlook
The BOJ is widely expected to raise its short-term policy rate to 1% from 0.75% at next week's meeting, which would take borrowing costs to levels unseen in three decades.
Recent Health Updates Among BOJ Leadership
Deputy Governor Uchida's Recovery
The announcement follows one the BOJ made in late May that its Deputy Governor Uchida had been discharged from hospital after recovering from leukaemia treatment.
(Reporting by Kantaro Komiya, Leika Kihara and Anton Bridge; Editing by Andrew Heavens and Tomasz Janowski)
