BOJ Delays Timing for Reaching 2% Inflation Target

The Bank of Japan (BOJ) is maintaining its policy stance despite moderate economic improvements and inflation forecasts. The BOJ aims for a 2% inflation target, acknowledging it may take longer to achieve. Dissenters in the BOJ board continue to oppose current policies. Expert Masashi Murata suggests the BOJ might increase stimulus efforts to reach its inflation goals. The BOJ is committed to long-term economic adjustments, with further insights expected from Governor Christie's press conference.

What is the Bank of Japan's CPI forecast for 2019?

• 2.0%

• 2.5%

• 1.8%

• 1.5%

What was the outcome of the Bank of Japan's policy vote?

• 5-4 vote to increase stimulus

• 6-3 vote to decrease stimulus

• 7-2 vote to keep policy unchanged

• Unanimous decision to change policy

What does Masashi Murata speculate about the Bank of Japan's future actions?

• They will stop all stimulus measures

• They will focus on currency devaluation

• They will increase stimulus by buying more ETFs and bonds

• They will decrease interest rates

What is the Bank of Japan's stance on reaching its inflation target?

• They are committed to reaching it despite delays

• They have already achieved it

• They are reducing the target to 1%

• They have abandoned the target

What is expected from Governor Christie at the press conference?

• Introducing a new board member

• Resigning from his position

• Answering questions about the Bank's strategies

• Announcing a new policy