BoJ ready to take measures to reach inflation target

Note: This section contains information in English only.
Source: WBP Online
BoJ governor Haruhiko Kuroda claimed to be ready to use additional quantitative easing measures in order to reach the targeted 2% inflation level during fiscal 2017. The negative interest rates along with QQE measures will presumably increase yearly inflation expectations to the targeted 2%. It is expected that the CPI will amount to 0.5% in fiscal year 2016, showing a healthier trend as it started off at -0.5%

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