BOJ's Iwata: Inflation at 1-2% would be stable

Deputy Governor of the bank of Japan Kazumasa Iwata said in an interview that the BOJ will probably keep interest rates near zero until consumer prices rise about 1 to 2 per cent.

"Our monetary policy puts eliminating deflation at the forefront, and we will continue to ease monetary policy until we reach that goal," Iwata told the Nihon Keizai newspaper in an interview.

"Core consumer prices rising about 1 to 2 per cent would be desirable levels of stability," Iwata said, according to the repor

To continue reading...

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 indvidual account here: