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 does Masashi Murata suggest about the Bank of Japan's potential actions this year?

In what way is the Bank of Japan adjusting its approach to achieving its inflation target?