The Finance Insider blog

Search This Blog

Blog Archive

The Finance Insider

Tuesday, November 26, 2013

Concern grows within BOJ over inflation goal.

Some members of the Bank of Japan's board believe it will be "difficult" for the BOJ to achieve its 2% inflation goal within two years, as pledged in April. The minutes of the last meeting in October show that three out of nine policy makers voted against a statement which said that the bank expects inflation to hit 1.9% in FY 2015. The skepticism contrasts with the optimism of BOJ Governor Haruhiko Kuroda.

No comments:

Post a Comment