Live Updates > Live Update Details
2026-02-19 08:03:01
[Bank of Japan Nominations Approaching, Market Focuses on Policy Stance] According to sources, Japanese Prime Minister Sanae Takaichi may nominate two vacant positions on the Bank of Japan's Policy Board as early as February 25th at a parliamentary session to replace Asahi Noguchi and Junko Nakagawa, whose terms are expiring. Noguchi's five-year term ends at the end of March, while Nakagawa's term expires on June 29th. After leading the Liberal Democratic Party to a landslide victory in the elections at the end of last year, Takaichi has the opportunity to follow former Prime Minister Shinzo Abe's example and appoint members to the Central Bank's Board with an inclination towards inflation. A Bloomberg survey shows that approximately 63% of Bank of Japan observers believe that Noguchi's successor will have a strong stance on inflation. Analysts point out that Takaichi is unlikely to choose a hawk; the key issue lies in the dovishness of the two nominees. The nominations are expected to maintain a gender balance of one man and one woman, continuing the progress made on gender equality since the Bank of Japan's Board of Directors had two female members for the first time last year.
