BoJ board nominations add to dovish slant

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The Bank of Japan

The Bank of Japan appears set to continue its accommodative monetary policy, as Japan’s government has nominated two new board members who are seen as sympathetic to monetary easing. Japan’s government announced the nominations for Hitoshi Suzuki and Goshi Kataoka to the Bank of Japan policy board on April 18. The appointments, if confirmed by parliament, will replace two officials who have regularly dissented to the central bank’s aggressive monetary easing. “The appointments will provide