随着通货膨胀率向目标日一靠近，日本银行将不得不在不调整资产负债表规模的情况下开始提高政策和长期利率 — — 美联储已经开始这么做了。
When the inflation rate moves closer to the target, the BOJ will have to start raising its policy and long-term rates without adjusting the size of its balance sheet – which is exactly what the US Federal Reserve is already doing.