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What to look for at Bank of Japan's October policy meeting
The Bank of Japan holds a two-day policy meeting concluding on Oct. 31, days after a general election where new Prime Minister Shigeru Ishiba faces a key test on his agenda to prop up wages and revitalise the country's weak regional economies. Here is a guide on what to expect and why the BOJ's rate review matters: Is BOJ Going to Raise Interest Rates? The BOJ ended negative interest rates in March and raised its short-term policy target to 0.25 per cent in July. It has signaled readiness to hike again, once the board has enough confidence that Japan will durably hit its 2 per cent inflation target. With inflation ... (full story)