-
Policy
Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
EM Policy
EM Policy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM EM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
-
Credit
Credit
Real time insight of credit markets
-
Data
-
MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
-
About Us
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLICY: Reflationist Adachi Set to Join BOJ Board Member
TOKYO (MNI) - Seiji Adachi, a private economist with a reputation as a
reflationist, is set to become a Bank of Japan board member on March 26 after
the government's nomination was approved by Japan's Diet.
Japan's Upper House plenary session on Friday approved Adachi as the
successor to BOJ board member Yutaka Harada, whose term ends on March 25.
On Thursday, Japan's Lower House plenary session approved the government's
nomination.
The appointment of Adachi, who is known as an advocate of aggressive
monetary easing, was first announced by Prime Minister Shinzo Abe's Government
on Jan. 28.
Adachi, 54, will be formally appointed as the new BOJ board member on March
26 and he is expected to hold an inauguration news conference on the same day.
Adachi is the head of economic research at Marusan Securities, and
previously worked at an economist at Deutsche Securities and Credit Suisse.
The BOJ, led by the governor Haruhiko Kuroda, continues to make efforts to
achieve the 2% price target, but the Japanese economy is far away from achieving
this, with the core inflation rate still below 1.0%.
Kuroda has vowed to balance the benefits and costs of the BOJ's policy
actions.
Some of the nine board members have voiced concern over the side-effects of
a prolonged easing policy based on negative rates.
--MNI Tokyo Bureau; tel: +81 90-2175-0040; email: hiroshi.inoue@marketnews.com
--MNI Sydney Bureau; +61 405322399; email: lachlan.colquhoun.ext@marketnews.com
[TOPICS: MMJBJ$,M$A$$$,M$J$$$]
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.