Former BOJ head Kuroda to become adviser at private think tank

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FILE PHOTO: Bank of Japan (BOJ) Governor Haruhiko Kuroda leaves after his last news conference as Japan’s central bank chief at the BOJ headquarters in Tokyo, Japan April 7, 2023. Toru Kawata/Pool via REUTERS/File Photo

TOKYO : Former Bank of Japan Governor Haruhiko Kuroda will become an adviser at the Japan Center for Economic Research from January, the non-profit, private think tank said on Monday.

At the start of his decade-long tenure at the central bank that ended in April 2023, Kuroda deployed massive monetary stimulus to fire up inflation to the BOJ’s 2 per cent target.

Incumbent BOJ Governor Kazuo Ueda ended Kuroda’s stimulus in March on the view that Japan was on the cusp of durably achieving the inflation goal.

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