Japan's Aso: Never said the 2% price goal be scrapped

Omkar Godbole FXStreet Contributor

Japan's Deputy Prime Minister and Finance Minister Taro Aso is out on the wires stating that he never said the Bank of Japan (BOJ) should scrap its 2 percent inflation target.

Aso, however, had said earlier this month that the Bank of Japan should not stick to its goal of raising the annual inflation rate to 2 percent. The Finance Minister had also asked the government to abandon the 2 percent inflation target and provide clarification on why it failed to achieve the goal and provide a clear explanation to the public.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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