The Bank of Japan began a two-day monetary policy meeting. It is expected to effectively determine that the 2% inflation target has been achieved, while policy rates are reportedly set to remain unchanged.
On the 29th, the Bank of Japan held a two-day monetary policy meeting. According to market participants, the Bank of Japan is believed to be planning to determine that it has effectively achieved its target of 2% annual inflation.
Under this policy, the Bank of Japan is pursuing an exit from deflation, but reports indicate that it plans to keep its interest-rate policy unchanged.