In 2006, the Bank of Japan adopted a policy framework focusing on

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The Bank of Japan adopted a policy framework focusing on expected inflation one to two years in the future in 2006. This policy framework is known as the "quantitative and qualitative monetary easing" (QQE) policy. The goal of this policy is to achieve a stable and sustainable inflation rate of 2% by guiding public expectations for future inflation. The Bank of Japan uses a variety of monetary policy tools, including interest rate targets, asset purchases, and forward guidance, to implement this policy.

In 2006, the Bank of Japan Adopted a Policy Framework