AFP international
The headquarters of the Bank of Japan, its central bank, in Tokyo this November 1, 2016 (afp_tickers)
The Central Bank of Japan returned to postpone this Tuesday, now until 2019, its aim of achieving inflation close to 2%.
After a monetary policy meeting, the bank said it expects to reach that goal in march of 2019.
The new date represents a delay of four years with respect to the initial calendar of April 2015 set by the bank governor, Haruhiko Kuroda, who ends his term in April 2018.
The decision is the result of the trimming of the forecasts of price increase for the current fiscal year, which ends in 2017, and for the following two years.
At the meeting, the bank maintained, however, his economic policy, including its massive bond purchase programme worth around 80 trillion yen annually (about rsd 763,000 million dollars).
it Also remained at negative rates of interest with the aim of encouraging the credit and growth.
afp_tickers
AFP international
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