{
  "id": 17173201,
  "title": "BOJ holds rates as underlying inflation aligns with 2% target for first time since 2013",
  "url": "https://urgent.news/2026/10/30/boj-holds-rates-as-underlying-inflation-aligns-with-2-target-for",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T04:19:38.000Z",
  "source": {
    "name": "CNBC",
    "slug": "cnbc",
    "url": "https://www.cnbc.com/2026/10/30/boj-inflation-target-rates.html"
  },
  "original_language": "en",
  "account": null,
  "summary": "The Bank of Japan left its overnight call rate unchanged at 1.25% on Friday. According to Investing.com, eight of the bank’s nine-member rate-setting board voted in favor of the hold, while board member Takata Hajime was the sole dissenter, calling for a 25 basis point hike.\n\nThe BOJ stated that underlying consumer price index inflation, which excludes volatile fresh food and energy prices, is now at a level generally consistent with its 2% price stability target and is expected to remain around that level. CNBC and CNBC World report this is the first time the central bank has met its 2% underlying inflation target since setting it in 2013.\n\nIn a statement, the central bank reiterated its intention to continue raising interest rates in response to growth and inflation. Investing.com reports the BOJ trimmed its core CPI forecasts for the fiscal year to March 2027 to a range of 2.4% to 2.5%, down from a previous range of 2.3% to 2.6%.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Nikkei Asia",
        "title": "BOJ holds interest rates, raises 2027 inflation outlook",
        "url": "https://urgent.news/2026/10/30/boj-holds-interest-rates-raises-2027-inflation-outlook",
        "published": "2026-10-30T01:40:51.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "BOJ keeps interest rates steady as expected; says CPI inflation now at target",
        "url": "https://urgent.news/2026/10/30/boj-keeps-interest-rates-steady-as-expected-says-cpi-inflation-now-at",
        "published": "2026-10-30T03:21:08.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}