There is speculation the central bank may shift away from its stimulus policy when the leadership changes. Read more at straitstimes.com.
TOKYO - Japanese Prime Minister Fumio Kishida said on Sunday he would take the April economic situation into account when choosing the next Bank of Japan governor, keeping markets guessing who may replace incumbent Haruhiko Kuroda.
Speculation is rife among some market players that the central bank may shift away from its stimulus policy when the BOJ leadership changes. “The BOJ and the government have been working as one to achieve economic growth that involves structural wage hikes and reach the price-stability target stably and sustainably,” Mr Kishida said. “This basic stance won’t change.”
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