BOJ Leadership Appointment: Kuroda gets second term, two new Deputy Governors
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Bank of Japan Governor Haruhiko Kuroda is going to stay for another term as central bank chief. The government nominated Kuroda to serve another five-year term when his current one ends in April. The government also nominated Professor Masazumi Wakatabe from Waseda University, and BOJ Executive Director Masayoshi Amamiya as deputy governors. The selection of the new BOJ leadership comes at a crucial time for Japanese and global markets. They've been rattled in recent weeks on expectations major central banks will wind down their ultra-easy policies.