Abe threatens to legislate to increase BoJ inflation target to 2.0%
From The Big Picture
December 24, 2012 - 9:00am
Mr Abe has threatened to introduce legislation which curtails the independence of the BoJ, unless the central bank agrees to announce a policy to “target” inflation at 2.0% at its next meeting on 20/21st January. The BoJ’s current “goal” is to rise inflation to 1.0%. Having won a landslide victory in the recent general elections, [...]
December 24, 2012 - 9:00am
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