The conflict between Japan’s government and its central bank has taken a new twist. In January, the Bank of Japan finally accepted a 2 per cent inflation target and committed to open-ended asset purchases. Had the BoJ refused the inflation target, the government of Shinzo Abe would likely have proposed changes to the BoJ Law, thus removing, or reducing, the bank’s independence.
日本政府与日本央行之间的冲突再现转折。1月,日本央行(Bank of Japan)终于接受了2%的通胀目标,并承诺实施无限额资产购买。假如日本央行拒绝接受通胀目标,安倍晋三(Shinzo Abe)政府可能会提议修改《日本银行法》(Bank of Japan Law),从而剥夺或削弱日本央行的独立性。
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