Financial decision
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( Issei Kato, Reuters / February 26, 2013 ) Japan's Prime Minister Shinzo Abe bows as he prepares to leave the upper house of the parliament hall after the parliament enacted a supplementary budget for fiscal 2012, in Tokyo. Abe is seeking to put at the top of the Bank of Japan two officials with different views on how to beat deflation, which could complicate decision-making in an already split board as it eyes a drastic make-over of monetary policy. The new leadership, if nominated and approved by parliament, will join a board dominated by advocates of more stimulus, increasing the chances the BOJ will ease again at its first rate review next month and possibly more frequently down the road. |
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