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.
日本政府與日本央行之間的沖突再現轉折。1月,日本央行(Bank of Japan)終于接受了2%的通脹目標,并承諾實施無限額資產購買。假如日本央行拒絕接受通脹目標,安倍晉三(Shinzo Abe)政府可能會提議修改《日本銀行法》(Bank of Japan Law),從而剝奪或削弱日本央行的獨立性。
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