Economics
The Man Who Sold Kuroda Inflation Targets Is Now a Contender for His Job
- Takatoshi Ito has global clout after years in policy, academia
- His pension-fund overhaul shows consensus-building skills
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During countless shared lunches and impromptu meetings, Takatoshi Ito made a detailed and persuasive case that sold Haruhiko Kuroda on the inflation targeting regime he’s pursued relentlessly as governor of the central bank. That was back in 1999, when Kuroda ran Japan’s currency policy at the finance ministry and Ito was his deputy.