Former board member of the Bank of Japan, Koji Ishida, said in an interview with Reuters that a confident growth of the Japanese economy should allow the country's Central Bank to reduce large-scale incentive measures even before the target inflation rate of 2%. Ishida said: “The Bank of Japan will not persist and maintain the current monetary policy until the 2% inflation. The Governing Council will most likely adopt a flexible policy decision even before the target price level is reached.” At the same time, Ishida expressed the opinion that the regulator “will not hurry with the alignment of the yield curve”.
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