The Bank of Japan is expected to leave policy unchanged at its October meeting starting on the 29th this week. With food and crude oil prices continuing to trend higher, the outlook for underlying inflation and the timing of reaching the 2% target will be in focus.
The Bank of Japan is reportedly moving toward maintaining its current policy at this week's monetary policy meeting in order to assess the impact of its previous rate hike.
The meeting is scheduled to include the release of newly compiled economic and price outlooks, with the underlying inflation trend amid continued increases in food and crude oil prices expected to be a key focus.