BOJ faces pressure to take more radical steps

JAPAN - The Bank of Japan's Policy Board will come under intense pressure this week to take more radical actions in countering what many fear is the growing threat of a deflationary spiral in the economy.

If the policymaking body fails to act voluntarily during its two-day regular meeting beginning on Thursday 11 October, the Parliament could pass a law compelling the central bank to adopt a formal inflation target, thereby eroding the relative autonomy it gained just a few years ago.

Since March

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account