Some in BOJ called for review of strategy to achieve elusive price goal

Topics Bank of Japan | Japan

By Leika Kihara TOKYO (Reuters) - Some Bank of Japan board members called for a review of the central bank's policy strategy as the economic shock caused by the coronavirus pandemic pushes inflation further away from its target, a summary of opinions from a September meeting showed.

Those views underline the increasingly tough position the BOJ finds itself in, as inflation had failed to gain momentum even before the coronavirus ravaged Japan's economy. A few of the board members said the central bank may need to find a.....

This article is no longer available in our repository.

There could be multiple reasons for this.