The Bank of Japan is more likely to adjust policy after failing to meet its inflation goal rather than in response to current cost-push inflation, according to a former executive director in charge of monetary policy.
There is a chance that the BOJ's theme of discussion will shift to when the price target can be achieved in a year or so after failing to meet its goal despite global inflation, former director Kazuo Momma said in an interview Thursday. That could prompt the BOJ to reconsider how it should keep the stimulus in place while mitigating side effects. This could be due to a conflict with your ad blocker or security software. You have a list of allowed sites that include jp and piano.io. If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page. We apologize for the inconvenience.