From TokenPost · · 40s
Bank of Japan Checks Inflation Target
Bank of Japan to assess if underlying inflation hits 2% at Oct 29-30 meeting.
In brief
Bank of Japan to assess if underlying inflation hits 2% at Oct 29-30 meeting. Bank of Japan will check if underlying inflation reaches 2% at its next policy meeting. Originally reported by TokenPost.
Bank of Japan policy meeting
The Bank of Japan will assess at its Oct 29-30 policy meeting whether underlying inflation has reached 2%.
Inflation target definition
The BOJ defines its formal 2% price-stability target using the consumer price index.
Inflation target history
The bank adopted the target in January 2013 and has repeatedly pushed back expectations for reaching it despite an aggressive monetary easing program.
The headline
Bank of Japan will check if underlying inflation reaches 2% at its next policy meeting.
