BOJ may judge underlying inflation to have reached 2% at October meeting, sources say

The Bank of Japan is considering judging at its October policy meeting that underlying inflation has reached 2%, according to sources familiar with the matter.

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The story

The Bank of Japan has begun considering expressing its recognition that inflation, the basis for monetary policy management, has reached 2%.

The consideration has been reported in connection with developments surrounding the October meeting, while the timing and basis for any specific judgment remain undecided.

At a glance

DateDecision to be considered at the October meeting

IndicatorRecognition that underlying inflation has reached 2%

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