BOJ's Iwata repeats inflation target call

Bank of Japan deputy governor Kazumasa Iwata said Thursday 15 September that the central bank should adopt a specific inflation target to boost transparency in monetary policy and fend off excessive market speculation after its quantitative easing measures are terminated.

It will be important to "establish an anchor for price stability," Iwata remarked in a lecture held in Nagoya.

Iwata is urging the introduction of inflation targeting as a way to prevent rapid upswings in long-term rates due t

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