"Mr. BOJ" to appear in Japanese Parliament, 05:00 GMT
|Masayoshi Amamiya, the Bank of Japan's Executive Director, will be appearing in Japan's Parliament from 05:00 GMT, or 2 pm Tokyo time, where he is expected to join the growing list of Japanese officials stressing to markets the need to not expect any changes to the BoJ's fiscal policies. As Bloomberg points out, "He may join the coordinated efforts to push back expectations for policy normalization."
Director Amamiya is often referred to as "Mr. BOJ" within the central bank due to his integral nature in normal operations. Mr. BOJ is largely responsible for managing interest rates and keeping consumer prices plodding towards the central bank's 2% targets. Director Amamiya is likely to be slated to take over the helm of the BoJ for Governor Kuroda, who's term is slated to end soon.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.