TOKYO : Japanese Prime Minister Fumio Kishida said on Sunday that 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.
The nomination needs approval from the both chambers of parliament to take effect. Therefore, the government needs to decide much earlier to give parliament time to follow procedures to approve Kishida's pick before Kuroda's term expires, analysts say. There's also talk about possible changes to the policy accord between the central bank and the government in which the BOJ pledges to achieve its 2 per cent inflation target at the earliest possible time.
Appearing in a TV Tokyo recorded programme, Kishida said it was too early to comment on whether there was a need to alter the policy accord between the government and the central bank.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tokyo core inflation likely double BOJ's 2% target in January: Reuters PollTOKYO : A leading indicator of Japanese consumer prices likely rose in January at more than twice the speed of the central bank's target, hitting another four-decade-high, a Reuters poll showed on Friday.Inflation data in the world's third-largest economy has received unusual attention amid market expecta
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
BOJ may have crafted new tool for post-YCC era - analystTOKYO : A new monetary tool introduced by the Bank of Japan to keep long-term interest rates from rising could ultimately become a new policy target once the bank abandons its yield control, a former central bank official told Reuters.The BOJ maintained ultra-low interest rates on Wednesday, including a 0
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Tokyo Auto Salon 2023: Liberty walk turns up the heat with a widebody Ferrari F40Japanese tuning house Liberty Walk is no stranger to controversy. Their creations have received both praise and backlash from the international car community; having outrageous body kits slapped onto just about everything, from the humble Copen to the decadent Aventador. The company decided to turn the dial up to 11 at this year’s Tokyo Auto Salon with their latest creation...
Source: asiaonecom - 🏆 10. / 59 Read more »
Japan to consider downgrading COVID-19 to same category as seasonal fluTOKYO: Japan will consider revising COVID-19 measures as early as this spring, downgrading the disease to a less serious category and relaxing guidance that people wear masks in public indoor places, Prime Minister Fumio Kishida said on Friday (Jan 20). Speaking to media after meeting with relevant ministe
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Chainsaw Man cafe opens in Japan with bloody delicious themed menuJapan is home to many anime cafés, and the latest to serve up a storm are Denji and his friends. Hot on the heels of the first season ending of Mappa’s Chainsaw Man — a pop-up restaurant themed after the highly-popular series will be opening in Tokyo, Osaka, and Nagoya — featuring a concept that transforms the core characters from...
Source: asiaonecom - 🏆 10. / 59 Read more »
Japan to consider downgrading Covid-19 to less serious infectious diseaseThe policy change would mean only patients with symptoms would be advised to wear masks indoors. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »