Japan govmt nominates Kuroda for BOJ Governor
Nikkei reports the Japanese government has nominated current governor Kuroda for another term
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.