TOKYO (Reuters) – The Bank of Japan faces various challenges ahead, such as examining the cost and benefits of its stimulus program and possibly considering a future exit from its ultra-easy policy, Masayoshi Amamiya, a nominee for BOJ deputy governor, said on Monday.
A man walks past the Bank of Japan building in Tokyo, Japan January 15, 2018. REUTERS/Kim Kyung-Hoon
“Japan’s banking system remains stable now. But the environment surrounding financial institutions is becoming more severe,” Amamiya, currently the BOJ’s executive director, told a confirmation hearing in the lower house of parliament.