The BOJ left its policy rate unchanged at 1.25% at its October Monetary Policy Meeting. The economic and price outlook is updated every 3 months. Attention will focus on the timing of the next rate hike and the possibility that the policy rate could exceed 2%, together with the contents of the updated outlook.
The BOJ left its policy rate unchanged at 1.25% at its October Monetary Policy Meeting. The decision was in line with market expectations and caused no major surprise.
The economic and price outlook is updated every 3 months in conjunction with the meeting.