Bank of Japan Governor Kazuo Ueda has been hospitalized for about two weeks due to an infected hepatic cyst and will miss the upcoming June policy meeting, Bloomberg News reported on Thursday.
Deputy Governor Ryozo Himino will act as chair, while another deputy, Shinichi Uchida, will handle the post-meeting press conference, the news wire said.
Despite Ueda's absence, the bank is still widely expected to raise interest rates to levels not seen since 1995, the publication said.
The governor plans to share his views in writing but will not vote, and he is expected to return for the July meeting, the report said, citing the BOJ's media relations division.
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