On the policy input side, they have specified and begun to implement purchases of securities totaling $75 billion per month (three times as much, in relative terms, as the US Federal Reserve currently purchases under its unconventional monetary-policy regime). On the output side, and after many years of persistent deflation (prices fell 0.5% last month), Japan is now targeting a 2% inflation rate within two years, thus underscoring its commitment to avoid a pre-mature withdrawal of monetary support for growth.
为显示他们的严肃性，日本官员们迅速开始打造可衡量的指标。在政策投入方面，他们已经详细制定方案并开始每月购买总额达750亿美元的证券（按相对价值计算，这是目前美联储在其非常规货币政策制度下购买量的三倍）。在产出方面，在多年的通货紧缩之后（上个月价格下降了0.5%），日本现在的目标是两年内通货膨胀率达到2%，从而坚定了自身的承诺——不会提前撤回对经济增长的货币支持。