And, so as not to lose the effective measure of interest rate control, I believe that it is critical to secure room for an interest rate reduction through achieving around 2 percent inflation in a stable manner and allowing an economic activity-neutral interest rate to be formed at a somewhat high level.
D.  Global standard  So far, I have explained the reasons to aim at 2 percent inflation from two viewpoints: due to a feature of the CPI, and to secure room for an interest rate reduction. These views are not special ones that only the Bank is adopting.