Fukui doesn't rule out inflation target

Bank of Japan Governor Toshihiko Fukui said Friday that the possibility of Japan adopting an explicit inflation target as a monetary policy tool cannot be ruled out.

Fukui told a news conference that after the current quantitative easing policy ends, the Bank of Japan will need to introduce policy tools to ensure the transparency of its policy management while continuing flexibility in policy actions.

Fukui said the BOJ will consider many options to satisfy the two requirements, with inflation