It became known on the 21st that the Bank of Japan will assess whether the inflation rate has reached 2% at its October Monetary Policy Meeting. If the target has been reached, the assessment would symbolically mark a shift away from the response to deflation that has continued for many years.
At its Monetary Policy Meeting on the 29th and 30th, the Bank of Japan will consider whether to determine that the inflation rate has reached 2%. The decision could symbolize a policy shift based on the achievement of the 2% target.
Market participants and other observers increasingly believe that such a decision would advance Japan's exit from deflation measures. The fact that it took 14 years to work toward achieving the target is also attracting attention as part of the context.
It was reported on the 21st that this assessment had become known, while the actual decision is scheduled to be formally announced at the meeting.
The article only refers to the meeting schedule and the possibility of such an assessment; the timing and method of any specific future policy changes remain undecided.