Apr 19, 2013

BOJ's Miyao confident on 2% inflation goal

A Bank of Japan policymaker said Thursday that the central bank’s experimental quantitative easing measures will bolster the economy and push up prices, expressing confidence that its 2 percent inflation target can be achieved. “The 2 percent inflation target is expected to be attained ...

Jan 28, 2013

Inflation plan to show results in a year: Hamada

The 2 percent inflation target will produce positive effects in six to 12 months if the Bank of Japan continues to take appropriate measures toward that goal, says Koichi Hamada, an economic adviser to Prime Minister Shinzo Abe. In a recent interview, the professor ...

Jan 19, 2013

Ministers hint BOJ warming to 2% inflation target

Members of Prime Minister Shinzo Abe’s Cabinet hinted Friday that the Bank of Japan is moving closer to setting a 2 percent inflation target in a joint statement on policy coordination aimed at conquering deflation. “Things are going in a good direction,” economic and ...