Views are spreading that the Bank of Japan is highly likely to judge that the inflation rate has reached 2%, while an additional rate hike this month is expected to be deferred. The Outlook Report will be published on the 30th and may update its assessment of underlying price trends.
The Bank of Japan is scheduled to discuss whether the underlying inflation rate has reached the 2% price stability target at its Monetary Policy Meeting on the 29th and 30th. The result is expected to be reflected in the Outlook Report, which will be published on the 30th.
The Outlook Report has so far projected that prices would reach a level consistent with the price stability target from the second half of fiscal 2026 through fiscal 2027. Following the expected achievement of 2%, some observers say the focus of monetary policy could change going forward.
The Bank of Japan is reportedly set to continue raising its policy rate, while adjusting its policy to defer an additional rate hike this month. This article is part of a paid article, with the remainder available to paid subscribers.