I'm not sure about that, it seems like the Japanese government has been actively trying to get inflation up, and 1.2% is still too low (at least according to the common wisdom that central banks follow). And idk, in a time of supply chain shocks and spiking energy costs maintaining <2% inflation is probably not panicking anyone.
The Japanese public is the most sensitive to inflation. Trends that look beyond control of the Bank of Japan are quite troubling sights, and therefore it is quite tightly managed
I'm not sure about that, it seems like the Japanese government has been actively trying to get inflation up, and 1.2% is still too low (at least according to the common wisdom that central banks follow). And idk, in a time of supply chain shocks and spiking energy costs maintaining <2% inflation is probably not panicking anyone.
Let me clarify:
The Japanese public is the most sensitive to inflation. Trends that look beyond control of the Bank of Japan are quite troubling sights, and therefore it is quite tightly managed