Muto, Iwata likely on shortlist for BOJ chief

Feb 21, 2013

Muto, Iwata likely on shortlist for BOJ chief

The Liberal Democratic Party-led government hopes to hold discussions with the opposition on picking either Toshiro Muto or Kazumasa Iwata, both former Bank of Japan deputy governors, as the next head of the central bank, sources said. Prime Minister Shinzo Abe, who is set ...

Feb 8, 2013

Lawmakers huddle to revise BOJ Law

by Ayako Mie

Like-minded lawmakers across party lines have kicked off discussions toward amending the Bank of Japan Law to effectively lessen the central bank’s independence and hold it more accountable for its monetary policy. “The 1998 BOJ Law gave the bank too much independence and freedom, ...