Q&A: Bank of Japan's inflation target

Falling consumer prices have been a big hurdle to Japan's attempts to boost domestic consumption

Japan has an inflation problem - it does not have enough.

Instead, for almost two decades, the country has suffered from on-and-off deflation, or falling prices.

On Tuesday, in an effort to draw a line under the years of deflation, the central bank agreed to double its inflation target to 2% and to keep spending until things have turned around.

Who cares about inflation?

Why is this target important for Japan?

Is this the first time Japan has set such a target?

Mr Abe had suggested the bank should print unlimited yen to try and stoke inflation

Can it achieve the 2% target?

Why does Japan need to boost domestic consumption?