OECD Economic Surveys: Japan 2006

Ensuring a Definitive end to Deflation and Sustaining the Soundness of the Banking Sector

DOI:10.1787/eco_surveys-jpn-2006-4-en

With the end of quantitative easing, the Bank of Japan has introduced a new monetary policy framework that includes an understanding of price stability as 0 to 2% inflation. Given remaining deflationary pressures, the Bank should be cautious in ...



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