BoJ’s Iwata dismisses hyperinflation fears

Central banks first employed targets to shackle, not boost, inflation


Kikuo Iwata today dismissed fears the Bank of Japan's (BoJ) quantitative and qualitative easing would result in hyperinflation – insisting the central bank would step in long before that occurred.

Iwata, a BoJ deputy governor, told an audience at the International Centre for the Study of East Asian Development the central bank's 2% inflation target was designed to work symmetrically, and prevent inflation from becoming too high as well as too low.

Japan doubled its inflation target to 2% in

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

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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