Tokyo names varsity don as BOJ member

Tokyo

THE Japanese government went ahead on Thursday with the nomination of economics professor Yutaka Harada as a member of the policy board at the Bank of Japan (BOJ), thereby raising the chances that governor Haruhiko Kuroda will be able to press ahead with his aggressive and controversial monetary-easing policies.

As reported on Wednesday, the nomination - still to be approved by both houses of parliament - was delayed after opposition parties complained about Mr Harada's name having been leaked to the press. But the government, which controls both houses, appears confident of the appointment being approved.