Bank of Japan nears its 2% inflation goal but has yet to anchor prices there
According to TradingView, citing MaceNews, the Bank of Japan kept its rate at 1.25% and signals further hikes amid upside risks from high energy costs.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
The Bank of Japan says its decade-old goal of stable 2% inflation has been all but achieved. Board members stressed that the job is not finished, as inflation still needs to be anchored at that level while high energy costs risk spreading to other goods and services.
According to TradingView, citing MaceNews, Governor Kazuo Ueda said there is still room to raise the policy rate, which stands at 1.25%, toward a neutral range of 1.1% to 2.5%. The bank has delivered six hikes since March 2024, and future moves will tighten financial conditions. A rise to 1.5% in December is widely expected.
why it matters
For markets, the message is clear: the next step is a rate increase, not a cut. That supports the yen and affects Japanese government bond yields, while higher energy prices add to inflation risks.
market impact
Yen and JGBs: signal of further rate hikes supports the yen
- USD/JPY pressure down — signal of further rate hikes supports the yen
tags
instruments
sources
- Japan Weeks Ahead: BOJ Has Cleared First Major Goal of Lifting Near 2% But Still Needs to Anchor Price Rises amid Upward Pressure from High Energy — TradingView, 1 November 2026 at 16:44 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗