- We have eradicated deflation during my tenure at least
- Economic growth has also been regained since 2013
- Accommodative monetary policy has helped to change the Japanese economic structure
- But unfortunately, we still haven't achieved 2% inflation target in a sustainable manner; that is the only regret I have
Given such a defeated remark, I think that essentially seals the deal that we should not expect any major policy changes to follow by the BOJ until we see Kuroda step down in April.
