Tokyo to nominate central bank chief this week

Japanese Economics Minister Akira Amari said on Tuesday that the government will nominate a governor and the deputy governors of the Bank of Japan after Prime Minister Shinzo Abe returns from a trip to the United States on February 21-24.

Abe has demanded more aggressive action from the central bank to end years of deflation and lift the world’s third-biggest economy out of recession. Financial markets are waiting to see if he nominates a candidate who would support the bold policy action he has called for, or if he has to compromise and choose a more moderate policymaker.

via Business feed http://www.scmp.com/business/economy/article/1153758/tokyo-nominate-central-bank-chief-week