The Bank of Japan indicated that the 2% inflation target had been reached. Although it took more than 14 years to get there, economic conditions still cannot be described as improved, and policy management that directly addresses people’s livelihoods is required.
The Bank of Japan was reportedly judged to have reached its 2% inflation target.
The achievement is said to have come after a long journey of more than approximately 14 years.
However, it is difficult to say that economic conditions have improved, and the importance of monetary and fiscal policies that directly address people’s livelihoods has been emphasized.