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Haruhiko Kuroda said that he believes that the Bank of Japan has an extremely strong policy plan between quantitative easing and negative interest rates, and will act decisively to push the inflation rate to the % level as it moves forward.
But he admitted it would be difficult, with growing signs that despite the central bank's massive bond purchases and negative interest rate policy, Japan's inflation expectations have yet to pick up since the oil price plunge in 2018.
He said that anchoring inflation expectations at the central bank's % target level is undoubtedly a prerequisite for achieving the central bank's inflation target.
Japanese policymakers may be looking at other ways to try to boost potential growth and achieve the central bank's goals.
Asked about the use of helicopter money, or the central bank essentially financing fiscal plans, Kuroda said Japanese law had restrictions on it.
But he
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| Company Name： |
Jinfu International Agent Account Opening | Jinfu Online Account Opening |
Company type： |
事业单位或社会团体 () |
| location： |
Hubei |
Company Size： |
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| Registered capital： |
unfilled |
Registration year： |
2010 |
| Data certification： |
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| Business Scope： |
Jinfu online account opening agent f13417772000 [Jinfu International Online Investment Account Opening] |
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