“Steady progress towards achieving the 2% price stability target” Bank of Japan Councilor Nakagawa. If he were to revise his monetary policy, he would consider negative interest rates and ``yield curve control.'' In addition to the proposed framework, the Bank also indicated its intention to determine whether there is a need to revise policy measures such as the purchase of risky assets.
The Bank ofJapan might decide to lift negative interest rate at its monetary policy meeting starting on the 18th of this month. Based on the current trends, it appears thatthere is a movement from wage increases to sales prices.