The Liberal Democratic Party unveiled on Wednesday its policy promises for the Lower House election, pledging to steer the economy out of a decade of deflation by reaching an accord with the Bank of Japan to set an inflation target of 2 percent per year.

If it comes out on top in the Dec. 16 race, the largest opposition force pledged to keep pushing for further credit easing "with an eye to" possible revision of the Bank of Japan Law to "enhance collaboration" between the government and the central bank, the platform states.

The party didn't elaborate further. LDP chief Shinzo Abe has been criticized for remarks allegedly threatening the BOJ's independence.