TOKYO: The new team nominated to head the Bank of Japan (BoJ) will not be able to drag the nation out of its rut and will be no more successful than the present team in halting deflation, according to a poll of analysts and traders.
Of the 48 people polled, about 80% felt there would be no change in how quickly Japan overcame deflation and the same percentage saw no change in the outlook for economic recovery after the nomination of Toshihiko Fukui as the next BoJ governor.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
