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BOJ Governor Warns of Risks from Prolonged Monetary Easing

At a government advisory council meeting, the Bank of Japan chief emphasized the need for a sustainable 2% inflation target while cautioning against extended accommodative policies.

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Terms & Concepts
  • Bank of Japan (BOJ): Japan's central bank responsible for issuing currency, setting monetary policy, and maintaining financial stability.
  • Monetary Easing: A policy approach where a central bank lowers interest rates or introduces measures to increase money supply to stimulate economic growth.
  • Inflation Target: A set rate of inflation that a central bank aims to achieve to ensure price stability, often used as a benchmark for monetary policy decisions.