Recent inflation driven by food prices, could hurt the economyWill work closely with BOJ to ensure Japan sees inflation driven by wagesHopes for BOJ to conduct policy so that Japan sees sustainable achievement of price targetWith the wrong policies, there is a risk Japan can slide back into deflationAnd that will then hurt consumption, wage growth, and capexThe government’s job is to create an environment where firms can continues with strong wage hikes
This article was written by Justin Low at investinglive.com.