Due at 0130GMT ….
Kikuo Iwata, Deputy Governor of the Bank of Japan speaks at a meeting with business leaders in Miyagi
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The BOJ and Japanese administration have recently accepted that the 2% inflation goal within 2 years is not likely to be achieved, and the pressure on the Bank of Japan to achieve it has slackened. The official measure of inflation the BOJ uses includes energy prices …. so the plunge in oil prices (expect for the last few days, of course!), while a big plus for the Japanese (and global) economy has impacted on inflation measures.
