The Bank of Japan kept the policy rate unchanged at around 1.25% at its policy meeting. Its published outlook said the underlying rate of price increases was broadly consistent with the target, suggesting that the Bank would continue raising rates.
At its Monetary Policy Meeting, the Bank of Japan decided to leave the current policy rate unchanged at around 1.25%. In its latest economic and price outlook, released at the same time, the Bank said that the underlying rate of inflation was broadly consistent with its price stability target.
The article includes information suggesting that the Bank intends to continue raising rates as part of its outlook. This can be read as indicating a path toward achieving the price stability target.
The article focuses on the BOJ's decision and outlook. No specific figures or timing are provided for other economic indicators or the impact on markets.