Incoming Prime Minister Shinzo Abe said Sunday his government, expected to be formed by midweek, will consider revising the Bank of Japan law if the central bank refuses to adopt the 2 percent inflation target he's demanding at the next BOJ Policy Board meeting.

Abe, who has specifically called for a target of at least 2 percent, issued the warning on a TV program.

"We expect (the BOJ) to discuss it at the next Policy Board meeting" on Jan. 21 and 22, he said of his inflation-busting recommendation.