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Japan's Abe says has met key goal on jobs, distances himself from BOJ inflation target

From reuters.com

Japanese Prime Minister Shinzo Abe said on Thursday his key economic policy goal has been fulfilled, with job losses at record lows, signaling that he was no longer persisting on achieving the central bank’s elusive 2 percent inflation target. Abe said the purpose of the Bank of Japan’s inflation target was to take measures to push price growth, so that more jobs would be created. “The biggest goal of our macro-economic policy has been fulfilled as a result of measures taken by the government and the BOJ to achieve 2 percent inflation,” Abe told a news conference. “In that sense, we’ve succeeded in hitting the ... (full story)

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