Ayano Sato has begun a five-year term on the Bank of Japan board following her selection by Sanae Takaichi. The move comes two weeks after the central bank raised its benchmark interest rate to the highest level in 31 years.
Sanae Takaichi selected Ayano Sato for the Bank of Japan board. Sato started her five-year term on the board.
The appointment occurred two weeks after the BOJ raised its benchmark interest rate to the highest level in 31 years.
The selection by Takaichi is viewed as signaling a tame outlook on inflation.