Former BOJ head Kuroda to become adviser at private think tank

TOKYO (Reuters) – Former Bank of Japan Governor Haruhiko Kuroda will become an adviser at the Japan Center for Economic Research from January, the non-profit, private think tank said on Monday.

At the start of his decade-long tenure at the central bank that ended in April 2023, Kuroda deployed massive monetary stimulus to fire up inflation to the BOJ’s 2% target.

Incumbent BOJ Governor Kazuo Ueda ended Kuroda’s stimulus in March on the view that Japan was on the cusp of durably achieving the inflation goal.