TOKYO Dec 20 Bank of Japan Governor Masaaki
Shirakawa said on Thursday that the central bank will debate
next month whether there is any room to review the level of
price growth that it sees as desirable in the long run.
But Shirakawa added that in doing so, the central bank must
ensure that it leaves room for flexibility in guiding policy.
The BOJ currently defines desirable long-term price growth
as in a range of zero to 2 percent consumer inflation, and aims
to achieve 1 percent price growth for the time being.
Shirakawa was speaking at a news conference after a
The BOJ delivered its third dose of monetary stimulus in
four months on Thursday in a prelude to more aggressive action
next year, as it faces pressure from the country's next leader
for stronger efforts to beat deflation.