Second, the Bank makes a strong commitment to maintaining the CME policy with the aim of achieving the 1 percent goal. Since this is a promise to markets and individuals, the degree of the Bank’s determination to cope with current economic difficulties is no different from that of other central banks in adopting flexible inflation targeting.
However, if such an intention is not well received, the Bank may need to seek better communication strategies. Third, the Bank and other central banks have defined their perspectives on economic growth and general prices for the next few years by means of regular reports.