Core Viewpoint - The former Deputy Governor of the Bank of Japan, Masayoshi Takeda, emphasized the need for the central bank to anchor long-term inflation expectations around 2% and highlighted the potential for inflation to slow down as cost-push factors dissipate, aiding in achieving real wage growth by 2026 [1][4]. Group 1: Economic Outlook - Takeda stated that if conditions improve, Japan's output gap could narrow, leading to positive economic signs [2][5]. - He warned of unique risks associated with the inflationary era, such as rising interest rates, and called for maintaining market confidence in Japan's fiscal policies [2][5]. Group 2: Policy Recommendations - Takeda expressed the hope that the Bank of Japan would guide policies to stabilize medium- to long-term inflation expectations at around 2% [3][6]. - He noted that the government should not overlook existing basic balance targets while focusing more on reducing the debt-to-GDP ratio [3][6]. - This stance contrasts with his previous suggestion to abandon the primary balance target in favor of focusing on the debt-to-GDP ratio, which critics argued could weaken Japan's commitment to debt control [3][6].
日本央行前副行长呼吁将通胀预期锚定在2%左右
Xin Lang Cai Jing·2026-01-06 07:50