Tobias Harris on Challenges for Next BOJ Governor

The transcript discusses the appointment of Ueda as the new governor of the Bank of Japan (BOJ), highlighting that he was not the first choice for Prime Minister Kishida. It explores the political implications of this decision, the expectations from the BOJ, and the challenges Ueda might face due to his lack of a strong political background. The discussion also covers the potential risks and the importance of effective communication and coordination between the BOJ, the government, and other stakeholders.

Who was initially considered for the position before Ueda?

What concerns does the government have regarding the bond market?

How does Prime Minister Kishida's political position affect his choice of governor?

What is the significance of the new governor's background as an academic economist?

In what ways could the relationship between the new governor and the Prime Minister impact economic policy?

What potential risks are associated with the new governor's lack of a strong agenda?

What challenges might the new governor face in terms of political coordination?