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Economy

Kuroda to stay on as Abenomics driver

Abe sees BOJ governor as a key ally for his economic policy

BOJ Gov. Haruhiko Kuroda answers questions from lawmakers. (Photo by Uichiro Kasai)

TOKYO -- Bank of Japan Gov. Haruhiko Kuroda is expected to continue his massive monetary easing campaign in his second term as prices remain stagnant, though calls for an exit strategy could grow louder as his global peers roll back stimulus.

Kuroda's anticipated nomination to another five-year term underscores the government's unflagging faith in the man who helped nurse the economy back to health through aggressive asset purchases.

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