New Bank of Japan chief nominee to be presented to parliament Tues.
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Japan’s major political parties agreed Friday that the government’s nominee for the next Bank of Japan governor will be presented to parliament on Tuesday to ensure a swift transition from incumbent Haruhiko Kuroda as his five-year term comes to an end.
Prime Minister Fumio Kishida will select a candidate to succeed Kuroda as financial markets become increasingly focused on whether the central bank will dial back monetary easing under a new leader. The government plans to submit its nominees for two deputy governors at the same time.
Kuroda’s term ends on April 8 while his current deputies, Ma...