Aug 20, 2014

Skepticism over Abe's inflation goal grows as price gauge retreats

Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth. The 10-year break-even rate, a gauge of expectations for consumer-price gains in inflation-linked bonds, dropped to 1.16 percent Tuesday, the lowest ...

May 9, 2013

Inflation goal kills BOJ flexibility

The Bank of Japan should not stick to its 2 percent inflation goal at the expense of flexibility in its monetary policy. The goal also could cause undesirable side effects.