Arab Today, arab today japan\s central bank seeks 2 inflation target
Last Updated : GMT 21:25:08
Arab Today, arab today
Arab Today, arab today

Japan\'s central bank seeks 2% inflation target

Arab Today, arab today

Arab Today, arab today Japan\'s central bank seeks 2% inflation target

Tokyo - KUNA

Bank of Japan Deputy Governor Kikuo Iwata said Thursday the central bank will maintain its ultra-loose monetary policy until two percent inflation target is achieved in a stable manner. "The Japanese economy is on track to achieve BOJ's two percent inflation target in fiscal 2015, and the effects of monetary easing will become clearer from now. Under such circumstances, what is most important is that the central bank steadily pursue quantitative and qualitative easing under the current policy," Iwata said in a speech to business leaders in Miyazaki City, southern Japan. "Even if the annual inflation rate reaches our two percent goal, the BOJ will not suddenly terminate the current monetary easing unless the bank judges that inflation is likely to remain around that level in a stable manner," Iwata added. Japan's core consumer price index rose 0.4 percent in 2013 from the previous year for the first increase in five years, the government said last week. Last April, the BOJ launched a massive monetary easing program to end deflation that has lasted for nearly 15 years and achieve the two percent inflation target in fiscal 2015. The measures center on doubling the monetary base and purchases of government bonds in two years, as well as to purchase more risky financial assets, including exchange-traded funds and real estate investment trusts. The BOJ will make adjustments in the monetary policy as appropriate if necessary, according to Iwata. The official also said the Japanese economy is expected to grow at a pace above its potential growth rate despite a sales tax hike in April, from the current five percent to eight percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s central bank seeks 2 inflation target Arab Today, arab today japan\s central bank seeks 2 inflation target

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan\s central bank seeks 2 inflation target Arab Today, arab today japan\s central bank seeks 2 inflation target

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday