BOJ’s Kuroda: Not achieving 2% inflation target sustainably is the only regret I have

• 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.