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Japan PM Kishida to pick new BOJ chief while monitoring economy

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Japan PM Kishida to pick new BOJ chief while monitoring economy
© Reuters. FILE PHOTO: Japan’s Prime Minister Fumio Kishida delivers his policy speech during the first day of an ordinary session at the lower house of parliament in Tokyo, Japan January 23, 2023. REUTERS/Kim Kyung-Hoon

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TOKYO (Reuters) – Prime Minister Fumio Kishida will make a decision on the next Bank of Japan (BOJ) governor while watching future economic trends, he said on Wednesday.

Kishida will appoint the next BOJ chief based on the candidate’s aptitude at the end of incumbent Haruhiko Kuroda’s term, he said.

The prime minister said on Sunday he would nominate a new BOJ governor next month as Kuroda’s second five-year term ends on April 8.

Source: Investing.com

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