KYODO sources say the Bank of Japan will use next week’s policy meeting to assess whether underlying inf has reached its 2% target. If the BOJ concludes it has, the move would be a symbolic turning point signaling a break from its long-standing anti-deflation policy; the 2% target was set in Jan 2013 and confirmation would arrive nearly 14 years after its adoption.

2026-10-21

KYODO sources say the Bank of Japan will use next week’s policy meeting to assess whether underlying inf has reached its 2% target. If the BOJ concludes it has, the move would be a symbolic turning point signaling a break from its long-standing anti-deflation policy; the 2% target was set in Jan 2013 and confirmation would arrive nearly 14 years after its adoption.