Japanese government
has delayed nominating a Bank of Japan governor for a whole week, as there are
talks of friction between the prime minister and the finance minister regarding
who will take charge of the central bank and also will be able of taking bold
action to revive and boost the Japanese economy.
As, to take these
bold actions the Prime Minister Shinzo Abe has demanded a candidate willing to
carry out radical policies to pick up Japan out of years of deflation, also
this candidate will have to take some aggressive actions.
On the other hand, a sources close to the selection declared
that the Finance Minister Taro Aso and others in Abe's ruling party are looking
for a more moderate candidate, as Some of the government officials are worried
that a governor with some aggressive actions who will be promoting radical
policies could upset financial markets.
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