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Published On: Wed, Jan 9th, 2013

FinancialTrading.com’s 10 Most Influential People in Finance

7. Haruhiko Kuroda

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While Haruhiko Kuroda only became the governor of the Bank of Japan on March 20th of this year, he has already laid out some massive policies — none more so than the quantitative easing programme that Japan is already actioning! The QE programme will result in some $1.4 trillion being pumped into the Japanese economy in an effort to stop their deflation problem, which has plagued the nations economy for two decades.

Naturally, with such a big (and bold) move being made so early in his tenure, there will criticism, much of which came from smaller, developing countries at the recent G20 meeting. However, he has the full support of his Prime Minister and many of the world’s developed nations. Now it’s really just a waiting game to see what effects the policy has on the economy but if fine tuning is needed then Kuroda’s every move will be watched by investors and policy makers across the globe.

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About the Author

- Gregory previously worked for a leading financial news publication and is now assistant news editor of financialtrading.com.

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