Japan likely to nominate ADB’s Kuroda as BoJ head

TOKYO: Japan's prime minister is likely to nominate an advocate of aggressive monetary policy easing Asian Development Bank president Haruhiko Kuroda (pic) as the next central bank governor to step up his fight to finally rid the country of deflation.

Shinzo Abe won a big election victory in December promising to revive the fortunes of an economy stuck in the doldrums for most of the past two decades. He has repeatedly called for a more aggressive central bank willing to take radical steps.