GO
Loading...

BoJ Won't Formally Adopt 2% Inflation Target: Analyst

Monday, 21 Jan 2013 | 12:20 AM ET

Geoff Lewis, Global Market Strategist at J.P. Morgan Asset Management says the Bank of Japan will not formally adopt the 2% inflation target. Instead, they will do enough to convince the markets that more aggressive monetary policy is on the way, including adopting the inflation target eventually.