By Stanley White TOKYO (Reuters) – Japan's lower house of parliament approved Haruhiko Kuroda as the next governor of the Bank of Japan on Thursday, heralding a shift to more aggressive monetary easing aimed at ending nearly 20 years of deflation. The lower house also approved government nominees Kikuo Iwata and Hiroshi Nakaso to serve as the BOJ's two deputy governors. Passage was guaranteed in the lower house, where Prime Minister Shinzo Abe's ruling Liberal Democratic Party (LDP) has a majority. …
There are no comments yet. Why not be the first to speak your mind.