BOJ deputy governor Nakaso: We are only halfway to meeting our price target

BOJ deputy governor Nakaso:

• We are only halfway to meeting our price target
• Personally believe that Japan’s economy is resilient enough to absorb effect of sales tax hike
• BOJ will make policy adjustments as needed should its outlook for economy, prices change due to some risks factors

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Bank of Japan (BOJ) Deputy Governor Hiroshi Nakaso speaking at an international conference held as part of the annual meeting of the Asia-Pacific Regional Committee (APRC) of the International Association of Deposit Insurers (IADI) in Kyoto.