The Bank of Japan said policy board member Naoki Tamura will attend the Jackson
Hole symposium this week on behalf of Governor UEDA, who will not attend due to
a schedule conflict. Tamura will not give media interviews at the meeting.
Tamura is viewed as a hawk who has publicly argued for rate increases every few
months to guard against upside inflation risks. Analysts warn Fed chair Warsh’s
first Jackson Hole remarks could move the yen and Japanese yields; UEDA’s
absence shifts market focus to whether he will attend next week’s US-hosted G20
finance ministers and central bank governors meeting. A BOJ deputy governor will
speak and hold a press conference on Thursday and could signal the odds of a
rate hike next month.
