Outspoken Adviser Urges Abe to Shake Up BOJ With New Leaders
- Etsuro Honda has history of influence on key economic policies
- He’s seen as a long-shot contender to become the next governor
Photographer: Tomohiro Ohsumi/Bloomberg
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Amid strong expectations that Prime Minister Shinzo Abe may reappoint Haruhiko Kuroda to another term as governor of the Bank of Japan, at least one key voice is calling for fresh blood at the top of the BOJ to lift the nation’s flagging inflation rate.
“The leaders of the central bank must conduct a comprehensive review and then take responsibility,” Etsuro Honda, an economic adviser to Abe who is currently Japan’s ambassador to Switzerland, said in an interview. “It’s impossible to end deflation without bringing in a new regime.”