With Japan's new central bank boss, Kishida bids farewell to Abenomics

With Japan’s new central bank boss, Kishida bids farewell to Abenomics

TOKYO  -For Prime Minister Fumio Kishida, Japan’s next central bank chief had to symbolize a departure from the unconventional policies of his predecessor Shinzo Abe – but without angering pro-growth lawmakers of Abe’s powerful political faction. The tricky task of steering the Bank of Japan (BOJ) out of years of ultra-low interest rates without upending […] The post With Japan’s new central bank boss, Kishida bids farewell to Abenomics appeared…

With Japan's new central bank boss, Kishida bids farewell to Abenomics

The choice of Haruhiko Kuroda's successor has been closely watched as an indication of how soon the Bank of Japan will shift away from ultra-low interest rates, a transition that could have huge ramifications for global financial markets

With Japan's new central bank boss, Kishida bids farewell to Abenomics

For Prime Minister Fumio Kishida, Japan's next central bank chief had to symbolise a departure from the unconventional policies of his predecessor Shinzo Abe - but without angering pro-growth lawmakers of Abe's powerful political faction.

With Japan's new central bank boss, Kishida bids farewell to Abenomics

TOKYO — For Prime Minister Fumio Kishida, Japan's next central bank chief had to symbolise a departure from the unconventional policies of his predecessor Shinzo Abe — but without angering pro-growth lawmakers of Abe's powerful political faction. The tricky task of steering the Bank of Japan (BOJ) out of years of ultra-low interest rates without upending markets required the skill...