- Expects BOJ to keep up monetary policy settings to achieve inflation target
They have previously been explicit about the BOJ maintaining its ultra easing policy to achieve the 2% inflation target, but are now saying that the central bank should achieve that “steadily and sustainably”. Given Japan’s predicament, it roughly means the same thing so I wouldn’t look too much into the change in wording.
This article was originally published by Forexlive.com. Read the original article here.