Inflation remains stubbornly above target

Inflation remains stubbornly above target
INFLATION came in above target for the 38th month when official data for January showed the consumer price index (CPI) at 2.7%.The CPI rate was unchanged for the fourth month in a row. The Office for National Statistics said there was upward price …
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Shirakawa says BOJ alone can't attain inflation target
Reaching the newly adopted 2 percent inflation target will require a “substantial effort,” including government policies that will boost economic growth, Bank of Japan Gov. Masaaki Shirakawa said Friday. Pointing out that the economy has averaged about …
Read more on The Japan Times

BOJ inflation target leaves Japan inflation swap market unmoved
The decision by the Bank of Japan (BoJ) last week to set an explicit 2% inflation target to bring the country's economy out of over two decades of near constant deflation has driven far smaller changes in the domestic inflation market than the move at …
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