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Japan’s Finance Minister Notes 2% Inflation Target Not Yet Sustained

Finance Minister Katayama expressed optimism that the Bank of Japan can achieve its goal of maintaining a stable 2% price increase.

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Terms & Concepts
  • Inflation Target: A set price growth rate, often used by central banks to guide monetary policy and maintain economic stability.
  • Bank of Japan: Japan’s central bank, responsible for implementing monetary policy, issuing currency, and maintaining financial stability.