BOJ board member Masu (増): 2% inflation target is "quite close"; negative real interest rates should be eliminated "quickly"

The story

In remarks on 10 September, BOJ board member Masu (増) said that achieving the 2% price stability target was "quite close," referring to the rate of inflation that forms the basis for policy decisions.

Given that real interest rates are at negative levels, he expressed the view that this situation should be eliminated at an early stage.

At a glance

TargetsThe 2% inflation target was assessed as being "quite close"

Real interest ratesView that negative real interest rates should be eliminated at an early stage

DateBOJ board member Masu (増) spoke on 10 September

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