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 significance of Mr. Crowder's nomination?

Who are the two new deputy governors mentioned, and what do they bring to the table?

How does the current composition of the board compare to before the recent changes?

What are the implications of the yen's strength against the dollar?

What factors contribute to the stability of the BOJ leadership?