Takaichi’s First BOJ Member Picks May Hint at Desired Rate Path

Prime Minister Sanae Takaichi faces a key decision on whom to tap for spots opening on the Bank of Japan’s board, nominations that will give economists and investors an indication of how aggressively she hopes to influence central bank policy.

Takaichi’s government is likely to propose replacements for Asahi Noguchi and Junko Nakagawa on the nine-member board at a parliamentary session as soon as Feb. 25, according to people familiar with the matter. Noguchi fulfills his five-year term at the end of next month while Nakagawa’s expires on June 29.