BOJ meeting expected to declare 2% inflation target achieved; policy rate likely to remain unchanged

The story

The Bank of Japan is expected to leave its policy rate unchanged at 1.25% at its monetary policy meeting. It plans to assess the impact of the rate hike in September, with the decision to be explained at an afternoon press conference.

Ahead of the meeting, the BOJ is widely expected to indicate that underlying inflation has reached the 2% target. As a result, the market is focusing on the future direction of forward guidance and asset purchases.

BOJ Governor Ueda Kazuo (植田和男) is expected to hold a press conference on the afternoon of the 30th to explain the decision.

At a glance

Interest ratesPolicy rate expected to be held at 1.25%

PricesThe BOJ is expected to indicate that underlying inflation has reached the 2% target

ScheduleThe BOJ's monetary policy meeting is on the 30th

Press conferenceGovernor Ueda Kazuo (植田和男) to brief reporters on the afternoon of the 30th

Reference information. Every claim resolves to something the story actually named.

What it links to

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Where this came from

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The NikkeiNews

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news.at-s.comNews

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news.web.nhkNews

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news.yahoo.co.jpNews

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