Former BOJ deputy governor calls for minimum inflation target of 1.5%

An inflation target of 1.5 percent or higher should be introduced, according to former Bank of Japan Deputy Gov. Kazumasa Iwata. Iwata, current president of the Japan Center for Economic Research, also called for stepped-up cooperation between the government and the BOJ in fighting deflation, saying…

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Former BOJ deputy governor calls for minimum inflation target of 1.5%

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