Heurist Finance

BOJ expected to declare 2% inflation goal reached at Friday policy meeting

Bloomberg ·
  • The Bank of Japan has spent 13 years trying to lift inflation toward 2% to escape a deflationary spiral.
  • At Friday's policy meeting, Governor Kazuo Ueda's team is expected to declare the inflation goal has been reached.
  • The source describes the declaration as an expectation ahead of the meeting, not a completed decision.

Sources

BOJ expected to declare 2% inflation goal reached at Friday policy meeting — Heurist Finance