Unlike Kuroda, who took office ten years ago with a clear mandate to fight deflation in Japan with massive cash injections, Ueda faces the tricky task of saying goodbye to the radical and complex easy-money policies of his predecessor, who still lack it jeopardizing the fragile economic upswing. His academic training in the USA at one of the most important monetary policy think tanks suggests that he should be up to the task. Ueda studied at MIT in Cambridge with the renowned economist and later Fed Deputy Chairman Stanley Fischer, whose students in turn included the later Federal Reserve Chairman Ben Bernanke and the later European Central Bank (ECB) President Mario Draghi.
