Log in Register
Shutterstock 766875940 (1)

BOJ Monetary Policy Navigator

October MPM preview: BoJ expected to indicate that inflation is "at level consistent with" 2% target

Download PDF Printable Version

Related Content

October MPM preview: BoJ expected to indicate that inflation is "at level consistent with" 2% target

Key points

  • We project BoJ will leave policy rate on hold at 1.25% at October meeting after raising rates in June and September

  • Bank seen indicating that underlying inflation is "at a level consistent with" 2% target, 13 years after it was announced

  • Policy conduct likely to continue to emphasize upside risks to prices for now; we anticipate additional rate hikes in December 2026 and April 2027

Disclaimer Terms and Conditions

I understand that any materials on this website have been produced only for persons regarded as professional investors (or equivalent) in their home jurisdiction and in jurisdictions which the MUFG entity producing the material is permitted to do so under applicable laws, rules and regulations.

I also understand that all materials on this website are not investment research or investment advice.

Continue Exit