BoJ keeps rates on hold, says underlying inflation at 2% goal, lifts FY2027 CPI forecast
BoJ held rates at 1.25%, said underlying inflation is broadly consistent with its 2% target, and raised its FY2027 core CPI forecast to 2.6%.
Tokyo's October CPI came in at 2.8%, beating the 2.7% forecast. September unemployment fell to 2.4% and jobs ratio rose to 1.19.
The year-on-year CPI data for Tokyo for October are as follows:
September labour market data were also published:
Only the raw data is presented here; more in-depth analysis will follow separately.
Background on the data is available in the preview below:
An upcoming BoJ preview is also expected:
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BoJ held rates at 1.25%, said underlying inflation is broadly consistent with its 2% target, and raised its FY2027 core CPI forecast to 2.6%.
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