Bank of Japan to place less emphasis on inflation rate when setting monetary policy

Reuters carried this report, citing unnamed sources for their information:

  • The Bank of Japan is shifting to a more discretionary approach in setting policy
  • less emphasis on inflation … “Various data must be scrutinised, not just the inflation outlook” . such as consumption, wages and the broader economy

BOJ next meet on April 25 & 26, and will issue fresh quarterly growth and CPI projections

  • BOJ is expected to project inflation to stay around its 2% target through early 2027

More at that link above, worth a read if you are interested.

Dats ahead for the BOJ:

This article was written by Eamonn Sheridan at Source