BoJ Opinions: Inflation Mission Changed to Preventing Inflation Overshoot

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BoJ’s Summary of Opinions from July 30–31 meeting points to an important shift in policy thinking: debate is moving away from how to lift underlying inflation toward 2% and increasingly toward how to stop it from overshooting. One opinion captured change explicitly, saying focus of monetary policy has shifted from “lifting underlying CPI inflation to […]The post BoJ Opinions: Inflation Mission Changed to Preventing Inflation Overshoot appeared first on ActionForex.