BoJ meeting marks end of era before leadership change
- Published: 7 Mar 2013 at 11.49
- Online news: World
The Bank of Japan Thursday wrapped up its last scheduled policy meeting under governor Masaaki Shirakawa, making way for new management who back a major policy shift driven by aggressive easing measures.
Bank of Japan headquarters (green roof and next white building) in central Tokyo on November 2, 2010. The Bank of Japan wrapped up its last policy meeting under governor Masaaki Shirakawa on Thursday, announcing no fresh policy measures but offering an upbeat assessment of the economy.
Shirakawa's departure on March 19, about three weeks before the end of his term, has been widely viewed as marking a new era for the BoJ with the government demanding action to stoke the world's third-largest economy.
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