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BOJ Says Underlying Inflation Has Effectively Reached 2% Target for First Time

The Bank of Japan announced on October 30th that underlying inflation has effectively reached its 2% target for the first time since the goal was introduced in 2013, marking a major milestone in the…

  • Underlying inflation in Japan matches 2% target for first time
  • Bank of Japan maintains 1.25% interest rate
  • BOJ plans to accelerate ETF sales to normalize monetary policy

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