BOJ Governor Nominee Haruhiko Kuroda

BOJ Governor Nominee Haruhiko Kuroda

Haruyoshi Yamaguchi/Bloomberg

Haruhiko Kuroda, president of the Asian Development Bank and nominee for governor of the Bank of Japan, last week said that the BOJ will do whatever is needed to end 15 years of deflation should he be confirmed as governor and indicated that open-ended asset purchases could start sooner than next year.