BOJ Majority Said to Favor Ditching 2-Year Price Timeline
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A majority of the Bank of Japan’s board members think it should drop the two-year timeframe for meeting its inflation target, according to people familiar with discussions inside the BOJ.
Board members are concerned that investors may view April 2015 as a binding deadline, fueling speculation that the bank will boost stimulus to meet the goal, said the people, who asked not to be named because talks are private. Any revision will probably come before April and could be as early as this quarter, some of the people said.