Global EconomyIMPORTANTOctober 13 at 04:45 AM

BoJ is reportedly to lean back against back-to-back hikes in October, Bloomberg reports citing sources; Could adjust language on the 2% inflation target; it had previously been described as "approaching 2%", to approximately 2%

StockNow breaking-news AI analysis

The October 13 report describes caution about an October hike but says December remains possible, alongside a potential change in the BoJ’s description of underlying inflation relative to its 2% target.

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Financial developments have been in-line with expectations, though underlying prices continue to rise. Report suggests that December is still in play. Caution is needed about exceeding the 2% target.

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BoJ is reportedly to lean back against back-to-back hikes in October, Bloomberg reports citing sources; Could adjust language on the 2% inflation target; it had previously been described as "approaching 2%", to approximately 2%

News detail

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