Based on my explanation to this point, the question of why the Bank did not choose alternatives such as “target” might arise.
The basic idea of the “goal” introduced is largely in line with the basic thinking held by some central banks abroad with regard to using the word “a target,” in that it expresses the inflation rate the Bank judges to be consistent with the  1  For more details, please refer to "The Bank's Thinking on Price Stability" (March 10, 2006) and Minutes of the Monetary Policy Meeting on March 8 and 9, 2006.