BofA Expects BOJ to Say 2% Inflation Target Was Reached
BofA Securities expects the BOJ to declare at its upcoming end-October policy meeting that its 2% inflation target has been reached, with little change to its economic and price assessment.
BofA Securities expects the Bank of Japan to say at its upcoming end-October monetary policy meeting that inflation has reached the 2% target. The firm anticipates little change to the central bank’s assessment of economic and price conditions and its outlook.