Abe expects BOJ to continue its expansionary policy

28 Nov 2017 11:18 AM

Japanese Prime Minister Shenzo Abe made a number of statements, the most prominent of which are as follows:
•    We don't need to adjust the inflation target right now.
•    I hope that Bank of Japan will continue its current expansionary policy.
•    I don't want to modify the government's agreements with the Bank of Japan since 2013 on measures taken to push the economy away from deflation.
•    I expect that Bank of Japan to continue its expansionary policy to support inflation rising to 2%.

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