With reshuffled cabinet, PM Kishida gets to work in choosing next BOJ head

Published by
Reuters UK

By Leika Kihara TOKYO (Reuters) -With a cabinet reshuffle out of the way, Prime Minister Fumio Kishida’s search for the next Bank of Japan (BOJ) governor will intensify in coming months with a small but possible chance of a dark horse getting the job. Kishida gave some key posts to lawmakers loyal to deceased premier Shinzo Abe in Wednesday’s reshuffled cabinet, a sign he is not turning his back on proponents of aggressive monetary easing that was a key pillar of Abe’s “Abenomics” stimulus policies. However, as years of ultra-low interest rates strain bank profits and limit scope for further e…

Read More

See also  Should Trump be impeached? These scholars disagree

Leave a Reply