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The Bank of Japan's own inflation measure has hit 2%. This is the BOJ target.

The Bank of Japan produce their own data on inflation rates in the country. The key rate the Bank watches is the 'Weighted Median' y/y. It has hit 2% in the latest data, for September 2023, from 1.8% in August.this data point is used by the BOJ as a measure of broad inflationat 2% its hit a record high since comparable data became available in 2001The Bank of Japan next meet on October 30 and 31, and will publish fresh inflation forecasts as part of the meeting. Its likely that the Bank will rev...
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Posted: Oct 24 2023, 21:38
Author Name: forexlive
Views: 042348