Question

\Which one of these policies did the BoJ NOT implement in order to try to achieve the inflation target of 2%?

Answer 1

The Government sets us a 2% inflation target

To keep inflation low and stable, the Government sets us an inflation target of 2%. This helps everyone plan for the future. If inflation is too high or it moves around a lot, it's hard for businesses to set the right prices and for people to plan their spending.