Ex- Bank of Japan official Momma on the wires 5 April
– it’s a near certainty the BOJ will miss 2% inflation target for fiscal 2018/19
– BOJ likely to cut its 2017/18 inflation f/cast as early as this month’s rate review
Earlier I reported that PM Abe adviser Hamada said inflation target .
Ex-BOJ’s Momma says it’s hard to withdraw stimulus if inflation forecasts are cut
