Monexnews-Finance Minister of Japan Taro Aso said that the next Governor of the Bank of Japan doesn't have to be someone who had behind it the Minister of finance, he said that after the opposition parties say they will not support a candidate like that.
"They don't have to be from the Ministry of finance during the close communication maintained," Mr Aso told reporters in Tokyo today. He asserted that the candidates must have the ability of foreign languages and experienced in managing large organizations.
The investors argued that the BOJ is committed to easing further to achieve the inflation target of 2% over Prime Minister Shinzo Abe is preparing for a nomination for the new central bank Chairman for the next week. The choice must be approved by the upper house in Parliament, where the Liberal Democratic Party does not have a majority of votes, giving it the power to determine the opposition party candidate for Chairman of the BOJ next.
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