Bank of Japan Governor Ueda (植田) reported at a press conference after the 30 October meeting that all 9 committee members acknowledged that inflation had reached 2% and were unanimous in their views on the Outlook Report. The governor indicated that discussions would continue through lunch meetings.
At a press conference after the monetary policy meeting, Bank of Japan Governor Ueda Kazuo (植田和男) said that all committee members agreed that the underlying inflation rate had reached 2%. In his explanation after the meeting, he stressed that all members had also supported the contents of the Outlook Report.
The meeting marked a historic juncture in determining whether the 2% price stability target set in 2013 had been achieved, formally signaling its achievement after 13 years. In his opening statement, Governor Ueda Kazuo (植田和男) again indicated that all members supported the contents of the Outlook Report.