Bank of Japan Inflation Reaches 2% Target as BOJ Holds Rates at 1.25%
Photo: TronWeekly
The Bank of Japan inflation forecast is at a crucial crossroads, where the central bank says that underlying inflation is finally in line with the target of 2% set by the BOJ back in 2013. This is due to the fact that wage increases, coupled with worker shortages in Japan, are pushing prices up. However, despite the current success, the Bank of Japan held its benchmark rate at 1.25% with an 8-1 vote in October 2026.
Source: TronWeekly
