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Poll: Can BOJ Achieve Its 2% Inflation Target?

The Bank of Japan headquarters in Tokyo, Japan
Kiyoshi Ota | Bloomberg | Getty Images
The Bank of Japan headquarters in Tokyo, Japan

The Bank of Japan concludes a highly-anticipated policy meeting on Thursday and is expected to embark on a radical monetary policy to end years of deflation that has held back the world's third largest economy.

The meeting is the first to take place under new central bank new governor Haruhiko Kuroda, who has pledged to do "whatever it takes" to achieve the central bank's 2 percent inflation target.

(Read More: Is Kuroda Emulating Bernanke?)

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Efforts to push for a much bolder monetary policy than the traditionally conservative Bank of Japan has pursued in the past are part of Prime Minister Shinzo Abe's drive to reinvigorate the Japanese economy.

And for months now financial markets have been anticipating aggressive monetary easing from the BOJ, pushing the yen sharply lower and piling into Japanese stocks - the Nikkei has risen about 40 percent since mid-November.

So can Japan's central bank succeed and hit its 2 percent inflation target within 2 years as it hopes to? Vote here and tell us what you think.

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