BOJ’s Nakagawa says 2per cent price goal isn’t sole purpose of BOJ policy – Bloomb …

bojs nakagawa says 2per cent price goal isnt sole purpose of boj policy bloomberg

Sumary of BOJ’s Nakagawa says 2per cent price goal isn’t sole purpose of BOJ policy – Bloomberg:

  • TOKYO : Achieving 2per cent inflation is not the sole purpose of the Bank of Japan’s monetary policy as price moves could fluctuate around that level from time to time, its board member Junko Nakagawa was quoted as saying in an interview with Bloomberg.
  • While consumer inflation is hovering around zero, upward pressure is building partly due to the effect of rising oil and food costs, Nakagawa was quoted as saying.

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