Japan govmt nominates Kuroda for BOJ Governor

Author: Eamonn Sheridan | Category: Central Banks

Nikkei reports the Japanese government has nominated current governor Kuroda for another term 

good call!

Deputy governors also nominated by the government
  • Wakatabe & Amamiya

  • Amamiya is current Bank of Japan's Executive Director and known as Mr. BOJ (he has been there forever and done everything .... nearly)
  • Masazumi Wakatabe is a university academic and perhaps even more dovish than than Kuroda - he is a big fan of monetary easing

What this means is current policy is firmly on track for continuation. there may be a few wee tinkerings at the edge, but nothing substantive will change. As if we didn't know this already.