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Japan govt to urge BOJ to meet price goal sustainably

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© Reuters. FILE PHOTO – A man gazes at a shop in the Ameyoko shopping area, Tokyo, Japan. May 20, 2022. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters – Japan’s government will press the central bank to achieve its 2% inflation target “sustainablely and steadily,” according to a draft document of the bank’s long-term strategy outline, which Reuters saw on Wednesday.

The change was made from the existing policy outline. This voiced hope that Bank of Japan (BOJ), will maintain an ultra-easy policy in pursuit of its 2% inflation target.

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