The media quoted three people familiar with the matter as saying that the Bank of Japan may release a signal this month indicating that core inflation has roughly hit the 2% target, highlighting that it is preparing to raise interest rates again in the next few months. Such a statement will be largely symbolic, but it will reinforce mainstream market expectations that interest rates will be raised in December, and at the same time send a signal that the Bank of Japan is preparing to continue raising interest rates in the short term. The Bank of Japan has begun to emphasize that when judging the pace and timing of subsequent interest rate hikes, it is necessary to stabilize core inflation close to the target. People familiar with the matter said that the central bank just finished raising interest rates in September, and most internal officials are wary of raising interest rates again this month and tend to wait for more data to assess the impact of previous interest rate hikes on the domestic financial environment.

The media quoted three people familiar with the matter as saying that the Bank of Japan may release a signal this month indicating that core inflation has roughly hit the 2% target, highlighting that it is preparing to raise interest rates again in the next few months. Such a statement will be largely symbolic, but it will reinforce mainstream market expectations that interest rates will be raised in December, and at the same time send a signal that the Bank of Japan is preparing to continue raising interest rates in the short term. The Bank of Japan has begun to emphasize that when judging the pace and timing of subsequent interest rate hikes, it is necessary to stabilize core inflation close to the target. People familiar with the matter said that the central bank just finished raising interest rates in September, and most internal officials are wary of raising interest rates again this month and tend to wait for more data to assess the impact of previous interest rate hikes on the domestic financial environment.