BoJ sees inflation remaining at 0% for 'the time being'

kuroda-2
BoJ governor Haruhiko Kuroda

The Bank of Japan (BoJ) expects the country's inflation rate to remain at 0% for "the time being" due to lower oil prices, but will make no changes to the size of its monetary easing programme.

The central bank conducts regular market operations, known as quantitative and qualitative easing (QQE), with the aim of growing Japan's monetary base by ¥80 trillion ($700 billion) annually and reversing a decade-long deflationary spiral.

However, following an initial spell of success, which saw the BoJ

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

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 individual account here: