Minutes of the Economic and Fiscal Policy Meeting of the Bank of Japan: Bank of Japan Governor Kazuo Ueda stated that, in the long run, sustainably achieving the 2% target does not only mean that inflation must be higher than 2%, but also that inflat

2025-11-17

Minutes of the Economic and Fiscal Policy Meeting of the Bank of Japan: Bank of Japan Governor Kazuo Ueda stated that, in the long run, sustainably achieving the 2% target does not only mean that inflation must be higher than 2%, but also that inflation significantly exceeding 2% could cause problems.