Bank of Japan launches policy review as deflation worsens

Haruhiko Kuroda
Haruhiko Kuroda
European Central Bank

The Bank of Japan (BoJ) has launched a review of its ultra-easy monetary policy for the first time since 2016, as data showed inflation might take even longer to hit the central bank’s 2% target.

Economic activity and prices have remained under prolonged downward pressure due to the impact of Covid-19. In this situation, there is a need to support the economy and thereby achieve the price stability target of 2%, the BoJ said in a statement on December 18.

Governor Haruhiko Kuroda announced the

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: