But we want to bring inflation back towards 2% in the medium term, and that is why monetary policy will remain accommodative. The major issue at present are the threats issued by the US President, Donald Trump, who blows hot and cold on trade policy, and in particular this power struggle he has embarked on with China. Should Europe get involved at this stage?
A more critical  BIS Review 138/2009  7  challenge for Japan is to raise "the potential strength," or put it differently, the long-term growth path itself. On this point, I will add that the key will be to improve profitability in investment and productivity of the economy as a whole through active efforts of private firms.