Economics

BOJ Needs Realistic Price Goal to Avoid Endless Stimulus, Ex-Deputy Governor Says

  • Hirohide Yamaguchi eyes lower goal to avoid endless stimulus
  • Says Japan Inc. can better deal with strong yen than before
Hirohide YamaguchiSource: Nikko Research Center Inc.
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The Bank of Japan should set a more achievable inflation target to avoid getting stuck with endless stimulus, according to a former deputy governor.