IMF: Japan reaching 2% inflation target "challenging"

The IMF in its annual report on Japan:

• Inflation to pick up to about 1.5% in medium term, but reaching BOJ's 2% target remains 'challenging'
• Japan debt-to-GDP risks hitting 300% by 2030 without change
• Japan needs to cut 'unsustainable' debt
• Yen moderately weaker than is consistent with fundamentals

"In addition to swift implementation of already announced reforms, further high impact structural reforms are urgently needed to lift growth, facilitate fiscal consolidation, and unburden monetary policy," the IMF said in its report.

People have been saying it forever but on a long enough timeline, shorting the yen on debt and demographics is an absolute slam dunk. It could take 20 years to play out but it's inevitable.