Central Banks

Japan’s LDP Policy Head Says Monetary Policy Has Room for Reform

WATCH: What the next BOJ will do with its predecessor’s super stimulative policies is a next big question. Kathleen Hays reports.Source: Bloomberg
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The policy chief for Japan’s ruling Liberal Democratic Party said the country’s easy monetary policy should be maintained, but has room for adjustment and reform.

Koichi Hagiuda, head of the Policy Research Council at the LDP, made the comments on a program on national broadcaster NHK while discussing the imminent nomination of the Bank of Japan’s next governor.