• BoJ deputy governor Amamiya: Impact of temporary factors like the sales tax hike should be removed when gauging the inflation trend

Market news

12 March 2019

BoJ deputy governor Amamiya: Impact of temporary factors like the sales tax hike should be removed when gauging the inflation trend

  • Central bank excludes temporary factors when gauging inflation trend

  • Deflationary mindset of households, companies and corporate streamlining are among factors weighing on inflation

  • BoJ should do utmost to hit inflation target now

  • Exit strategy talk should start when inflation target is in sight

  • BoJ can exit smoothly when it is needed

  • Will communicate to markets the strategy for exiting at some point

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