There are plenty of people who think that a central bank with several potentially conflicting objectives cannot remain totally independent. What do you say to that? Well it’s true that an institution which has more objectives than tools has to constantly arbitrate between those objectives.
As price stability is stipulated as the principle of the policy conduct in the Bank of Japan Act, the Bank has a responsibility to 16  Yoshida's essays on Aomori Prefecture were first compiled in Aomori sanka (Aomori: To-o Nippo Press Co., Ltd., 1967), and are now included in Yoshida Mitsuru Chosakushū, vol. 2 (Tokyo: Bungeishunju Ltd., 1986).