Japanese PM 'in process' of selecting new BoJ head - Breaking The News

Japanese PM 'in process' of selecting new BoJ head

8 February

1 min read

EPA-EFE/WILL OLIVER

Japanese Prime Minister Fumio Kishida (pictured) said on Wednesday that he is still "in the process" of selecting a nominee for the new governor of the Bank of Japan (BoJ) after current Governor Haruhiko Kuroda steps down in April. Kishida said he is aware of the "very strong market attention" on the decision.

The prime minister said his pick would need "high-quality communication skills" at a time when monetary policy is in a stronger public focus. He added that it is currently "premature" to comment on possible changes to the joint government-BoJ policy statement.

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