BOJ’s Kiuchi: Undesireable to set strict deadline to achieve 2% inflation

BOJ is not aiming to push up prices near its target hastily, seeking long-term price stability; Cutting 0.1% floor on market rates could make it hard for BOJ to meet asset-buying target; May have to review the way BOJ buys assets if it were to target longer-dated JGBs; BOJ buying long…

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BOJ’s Kiuchi: Undesireable to set strict deadline to achieve 2% inflation

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