BOJ Keeps Policy Unchanged, Trims Inflation Goal

The video discusses the fiscal year 2017 CPI forecast, noting a reduction from 1.7% to 1.5% and a delay in achieving the 2% target. The cautious language suggests uncertainty in meeting this target by March 2019. The impact of BOJ leadership on inflation is also examined, highlighting weaker momentum towards the inflation goal.

What was the revised core CPI forecast for the financial year 2017?

• 1.5%

• 1.3%

• 1.7%

• 2.0%

According to the report, when is the CPI excluding fresh food expected to increase toward 2%?

• By the end of 2017

• Second half of the projection period

• First half of the projection period

• In the first quarter of 2018

When does the projection period run through to?

• April 2019

• April 2018

• March 2019

• March 2018

When is the term of the current head of the BOJ expected to end?

• March 2018

• March 2019

• April 2018

• April 2019

What is the current status of momentum towards meeting the 2% inflation target according to the BOJ?

• Already achieved

• On track as planned

• Weaker than the previous outlook

• Stronger than expected