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Market shrugs off Bank of Japan's 2% inflation-target milestone

By ChordNews · First written

Bank of Japan’s 2% inflation-target victory fails to impress
Image: japantimes.co.jp
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Summary

After more than a decade of waiting, the Bank of Japan's 2% inflation target has been reached, but markets are treating the data point as just another number to crunch rather than a turning point, according to The Japan Times.

This continues an earlier story: Bank of Japan says inflation has reached its 2% target, but holds interest rates

Timeline

  1. The Japan Times

    Source ↗

    The Japan Times reports that the Bank of Japan's 2% inflation-target milestone fails to impress markets, which take the data point as just another number to crunch after more than a decade of waiting.

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