Bank of Japan Governor Ueda appoints new head to monetary policy development department

<p>The Bank of Japan has a new head of the department that oversees the drafting of central bank policy.</p><p>Kazuhiro Masaki is described as an expert on monetary policy with
experience in market operations. He is the newly appointed head of the monetary affairs department:</p><ul><li>in addition to help form monetary policy ideas, it prepares drafts of speeches for the bank's board members, including the governor and deputy governors</li><li>Masaki replaces Koji Nakamura</li><li>Masaki was previously a senior staff member of the
department</li><li>was involved in many of the BOJ's key monetary
policy shifts including the introduction of negative interest
rates and yield curve control in 2016</li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.