Since the introduction of the policy in April, however, while supporting the concrete measures of QQE, I have continued to propose changing the expression in the Statement on Monetary Policy regarding the time frame for achieving the 2 percent price stability target and for continuing with QQE, although my proposal has been repeatedly defeated by a majority vote during the MPMs.
Let me explain the intention of my proposal as well as my personal views on some points of discussion regarding the conduct of monetary policy. A.