At its meeting on the 29th and 30th, the BOJ will assess whether the inflation rate has reached 2%. The policy rate is expected to remain at around the current level of 1.25%.
The Bank of Japan indicated that it plans to assess whether the inflation rate has reached its longstanding target of 2% at its Monetary Policy Meeting later this month. The assessment is expected to be the central focus of discussions at the upcoming meeting.
Market participants largely expect the policy rate to remain at its current level of around 1.25%, with no major change in the direction of interest rates anticipated.
This article is based on reporting by Kyodo News.