Chart 11 Medium- to long-term inflation expectations and the core CPI in Japan y/y % chg.  4 CPI (all items less fresh food) 3  Inflation expectations (6 to 10 years ahead)  2  1  0  -1  -2  -3 1990  92  94  96  98  2000 Year  02  04  06  08  10  12  Sources: Ministry of Internal Affairs and Communications; Consensus Economics Inc., “Consensus Forecasts.”  22  BIS central bankers’ speeches  Chart 12 Medium- to long-term inflation expectations and the CPI in the United Kingdom  8  y/y % chg.  7  Medium- to long-term inflation expectations (6 to 10 years ahead) Retail prices index excluding mortgage interest payments (RPIX)  6  CPI  5 4 3 2 1 0 1990  92  94  96  98  2000 02 Year  04  06  08  10  12  Sources: Office for National Statistics; Consensus Economics Inc., “Consensus Forecasts.”  Chart 13 Size of the asset purchase program tril.
yen Maximum amount of the Program  120  Schedule  Jan. 2013 111 tril.yen Dec. 101 tril.yen  Actual amount of increase  100  Oct. 91 tril.yen  Apr. 70 tril.yen Feb. 2012 65 tril.yen  80  End-Dec. 2014 111 tril.