<ul><li>We have eradicated deflation during my tenure at least</li><li>Economic growth has also been regained since 2013</li><li>Accommodative monetary policy has helped to change the Japanese economic structure</li><li style=““ class=“text-align-justify“>But unfortunately, we still haven’t achieved 2% inflation target in a sustainable manner; that is the only regret I have</li></ul><p style=““ class=“text-align-justify“>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.</p>

This article was written by Justin Low at www.forexlive.com.