The BOJ was reported to have formally judged that the 2% inflation target had been achieved, marking an exit from deflation after approximately 14 years. Attention is also focused on the future course of policy operations.
The Bank of Japan has reportedly judged that the inflation rate reached its 2% target. This has prompted views that the long-standing goal of overcoming deflation has been achieved.
The announcement has also drawn interest in the future course of the BOJ’s monetary policy and the market reaction.