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As the end of his current term approaches, Bank of Japan Gov. Haruhiko Kuroda could be in line to be reappointed for another five years, according to some analysts.

The BOJ formally announced late last year that it would not achieve its 2 percent inflation goal during Kuroda’s current five-year term, due to end in April 2018. The news dealt a setback to Prime Minister Shinzo Abe’s Abenomics policy mix intended to beat chronic deflation.

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