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The Bank of Japan kept its benchmark rate at 1.25%, while signaling that underlying inflation has reached its 2% target for the first time, taking more than a decade to achieve.
Chronology
Bank of Japan holds its benchmark rate at 1.25% as underlying inflation reaches 2%, keeping expectations focused on a December increase
The Bank of Japan kept its benchmark rate at 1.25%, while signaling that underlying inflation has reached its 2% target for the first time, taking more than a decade to achieve.
- Bloomberg: BOJ Holds Rate as Underlying Inflation Hits Target
- CNBC TV18: Bank of Japan holds rates, says inflation trend hits target for first time
- The Japan Times: BOJ holds rates steady and says inflation target has been reached
- CNBC: BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
- Seoul Economic Daily: Bank of Japan Holds Rate at 1.25% as Underlying Inflation Meets 2% Goal
Reporting
- BOJ Holds Rate as Underlying Inflation Hits Target
The Bank of Japan kept its benchmark rate at 1.25%, while signaling that underlying inflation has reached its 2% target for the first time, taking more than a decade to achieve. (Source: Bloomberg)
- Bank of Japan holds rates, says inflation trend hits target for first time
- BOJ holds rates steady and says inflation target has been reached
Consumer prices are now rising more than 2% a year, and in a way that suggests these gains are stable and sustainable.
- BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
- Bank of Japan Holds Rate at 1.25% as Underlying Inflation Meets 2% Goal
The Bank of Japan held its policy rate at 1.25% and said underlying inflation is broadly in line with its 2% target for the first time since 2013.
Earlier on MacroDigest
- BOJ holds rates as inflation aligns with 2% target for first time since 2013
- BOJ Holds Rate as Underlying Inflation Hits Target
- Bank of Japan holds rates and guides to further tightening
- BOJ Holds Rate as Underlying Inflation Hits Target
- BOJ Holds Rate as Underlying Inflation Hits Target
- Bank of Japan holds its policy rate at 1.25% as underlying inflation reaches the 2% target, lifting expectations of a December increase
- Bank of Japan holds its benchmark rate at 1.25% as underlying inflation reaches the 2% target, lifting expectations for a December increase
- BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
- BOJ Holds Rate as Underlying Inflation Hits Target
- BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013
- BOJ keeps rates steady, declares victory in hitting price target
- BOJ keeps interest rates steady, signals further rate hikes
- BOJ holds rates as inflation aligns with 2% target for first time since 2013
- Tokyo Inflation Exceeds BOJ’s 2% Target Before Rate Decision
- Tokyo Inflation Exceeds BOJ’s 2% Target Before Rate Decision
- Tokyo Inflation Exceeds BOJ’s 2% Target Before Rate Decision
- Bank of Japan to hold rates, signal further hikes
- BOJ Set to Hold Rate as Inflation Reaches Long-Awaited Milestone
- BOJ Set to Hold Rate as Inflation Reaches Long-Awaited Milestone
- Bank of Japan is expected to hold rates this week — but stay hawkish: CNBC survey