What to expect from Asia’s big central banks reshuffle

(Nov 24): Asia’s biggest economies are set to change or reappoint their central bank chiefs in the coming months, in what’s shaping up as a shift in personnel rather than policy.

China, Japan, Korea, Indonesia, Taiwan and New Zealand are all poised to announce new leadership or reappoint their exiting heads. They form part of the regional export powerhouse that’s forecast by the International Monetary Fund to make up almost two thirds of global growth this year.

The backdrop: Change atop the Federal Reserve and a world inching toward tighter monetary policy. That trend could land in Asia soon, with South Korea forecast by some economists to raise benchmark interest rates as soon as next week.

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