Kuroda Nominated for Another 5-Year Term to Lead BOJ

The transcript discusses the nomination of Mr. Crowder as the BOJ Governor and the appointment of two new deputy governors, Wakatobi and Amamiya. The process involves approval by both Houses of Parliament, which is expected to be smooth due to the government's majority. The new appointments are seen as a continuation of existing policies, with stability being a key focus. The yen's strength against the dollar is noted, and the market's reaction to the nominations is discussed, highlighting that the appointments were anticipated and unlikely to cause significant market shifts.

What is the next step after Mr. Crowder's nomination as BOJ Governor?

• Approval by the Japanese Parliament

• International approval

• Immediate assumption of office

• Public voting

Who are the newly appointed deputy governors of the BOJ?

• Masazumi Wakatabe and James Mayger

• Mr. Crowder and Mr. Abbay

• James Mayger and Mr. Abbay

• Masazumi Wakatabe and Masayoshi Amamiya

What is emphasized about the BOJ's board composition with the new appointments?

• Reduction in board members

• Introduction of new monetary policies

• Continuity and stability

• Significant changes in policy

How did the market react to the nomination of Mr. Crowder?

• The market was surprised

• There was no significant effect

• The yen weakened significantly

• The yen strengthened unexpectedly

What was the market's expectation regarding the BOJ leadership appointments?

• The yen would fluctuate wildly

• A new governor was expected

• The appointments were anticipated

• A major surprise was expected