fed speech, 2005-08-27
To the extent that the combination of the provision of the price stability anchor with the monetary easing policy based on our clear commitment has succeeded in bringing Japan's economy to a virtually zero inflation rate, compared with deflation of the core CPI of about 1 percent in 2001, it seems reasonable to maintain the key elements underlying the quantitative easing policy framework at succeeding stages.
Sentiment: neutral
Topic: mp_inflation