TOKYO -- The Japanese government on Thursday nominated reflationist economist Asahi Noguchi to join the Bank of Japan's policy-setting board, a move that reinforces support for the central bank's ultra-accommodative stance in combating the economic fallout from the pandemic.
Noguchi will replace Makoto Sakurai, whose term ends March 31. After he is confirmed by the Diet, Noguchi will be the fourth reflationist on the nine-member board.
