The Bank has provided forward guidance – namely, that it will continue with QQE, as long as it is necessary for achieving the price stability target in a stable manner – and of course, the necessity of continuing QQE will be judged in line with this guidance.
I therefore do not think that the current policy framework should be reviewed in an automatic fashion simply because two years have passed since the introduction. In my understanding, the price stability target is a flexible concept with a certain range for upward and downward deviations of the actual inflation rate from the target under the framework of forecast targeting.