Bank of Japan lifts growth outlook; keeps easy money policy

Japan’s 2% inflation goal has about the same chance of being achieved as my winning the lottery goal. It could happen but probably won’t. Especially as I don’t play!

Admit they failed? When was the last time the Japanese government admitted to failure? 1945?

The last thing I want is inflation in Japan. Guaranteed salaries won't rise, and as such, inflation would be a death knell to the already fragile economy.