Japan’s Ruling LDP Agrees on 2% Inflation Target With Ally

Japan’s Ruling LDP Agrees on 2% Inflation Target With Ally

Japan’s incoming Prime Minister Shinzo Abe, left. agreed with his coalition ally Natsuo Yamaguchi of the New Komeito Party on a policy package that includes “bold monetary easing” to reach an inflation target of 2 percent. Photographers: Tomohiro Ohsumi (Abe), Noriyuki Aida (Yamaguchi)/Bloomberg