BoJ Deputy Governor Masayoshi Amamiya reiterated to the parliament that the priority for the central bank is to achieve the 2% inflation target. He noted that it’s also “important and necessary for the BOJ to communicate to markets its strategy for exiting ultra-loose monetary policy”. However, “debate on an exit must begin only when achievement of our price target comes into sight.”
No the other hand, Finance Minister Taro Aso told the parliament that “I don’t think anyone in the general public is angry about the fact that inflation hasn’t reached 2 percent. And, BoJ “could be a bit more flexible: on the inflation target too.
