The BOE’s conclusion may have been drawn from the fact that only the second set of forward  7  Bank of England, “Monetary Policy Trade-Offs and Forward Guidance.”  BIS central bankers’ speeches  7  guidance was referred to in the Bank of Japan’s April 2013 statement under the subheading “The continuation of QQE” and that the expression “in a stable manner” may have appeared qualitative and vague.
However, as described above, I feel that the expression “in a stable manner” is appropriate considering the circumstances. C.  Clearer and stronger commitments compared with past practices  The forward guidance used by the Bank for the current QQE reflects clearer and stronger commitments compared with previous guidance.