BOJ members troubled by 2% target: minutes

Feb 20, 2013

BOJ members troubled by 2% target: minutes

Some Bank of Japan policymakers pointed to the difficulty of achieving 2 percent inflation at their Jan. 21-22 meeting when the central bank decided to introduce the target, according to the minutes released Tuesday. Other Policy Board members, however, said it was “meaningful” to ...

Jan 23, 2013

BOJ agrees to uphold Abe's 2% inflation target

by Jun Hongo

The Bank of Japan on Tuesday adopted a 2 percent inflation target, caving in to pressure from Prime Minister Shinzo Abe, while calling for closer coordination and implementation of bold measures to fight deflation in a joint statement released with the government. In showing ...