Under the pressure of the government, the bank of Japan on Tuesday commitment, the more positive action, in order to stimulate the economy, including a set of 2% of the inflation target.
The bank of Japan said, will be "open" asset purchase plan to help achieve this goal, broke a long period of deflation.
Prime minister Shinzo Abe (Shinzo Abe) has called on the central bank easing monetary policy, further help the economy out of recession incoming years of falling prices.
Efforts will be successful remains to be seen whether: central Banks have not even reached 1% of the inflation target, and prices hovering below 0.5% in the past two years, despite the surge of energy cost.
The central bank, discusses its inflation target as "the goal of price stability.
"" the goal of price stability, the bank will continue to loose monetary policy, the goal is as early as possible in the time to achieve this goal," it said.
But it says it will "to determine whether there is any significant risk, economic growth, including the sustainability of the accumulation of financial imbalances.
The risk is an expansion of the public debt, has far more than Japan's gross domestic product (GDP) of the double size.
Abe's government is seeking through a lot of government public works and other project spending, and through the loose monetary policy to stimulate economic growth. The central bank announced on Tuesday, in line with market expectations.
The government is determined to, the central bank set 2% inflation target, the trade minister light alum wood told reporters, Monday.
"We hope to have a clear inflation targets, aim," le wood said. "Other countries inflation target, it not only 1%. They are at least 2%," he said.
Alum wood said, involving hundreds of thousands of hundred million yen (billions dollars) asset purchase and many years of close to interest, loose monetary policy, has already been "shortage".
Mr Abe's government is expected to nominate the bank of Japan governor of the current term, white FangMing sichuan at the end of this year, in the spring, be helpful for policy experts.
However, alum wood rejected the claim, the government's requirement is to weaken the central bank's independence.
"We don't do that is to unite, and Mr. Choose baihe," he said. But, he added, "to get rid of deflation policy will not change, not today, not tomorrow or the day after tomorrow."
The government's strategy, promote more serious inflation criticism, think it will do if it is pushing up the price not accompanied by income purchasing power to stimulate the real economic needs.



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