Bank of Japan Holds at 1.25%, Says 2% Inflation Goal Is Met
The Bank of Japan on Friday (Tokyo time) held its policy rate at 1.25%, the highest since 1995, in an 8–1 vote, with board member Hajime Takata dissenting in favour of a hike to 1.5%. For the first time since adopting its 2% target in 2013, the BOJ said underlying inflation is “generally consistent” with that goal. It raised its fiscal 2027 inflation forecast to 2.6% from 2.4%. Economists surveyed by CNBC expect the bank to set up a hike in December or January. Not investment advice.
What’s confirmed
- The Bank of Japan on Friday (Tokyo time) held its policy rate at 1.25%, the highest since 1995, in an 8–1 vote, with board member Hajime Takata dissenting in favour of a hike to 1.5%.
- For the first time since adopting its 2% target in 2013, the BOJ said underlying inflation is “generally consistent” with that goal.
- It raised its fiscal 2027 inflation forecast to 2.6% from 2.4%.
- Economists surveyed by CNBC expect the bank to set up a hike in December or January.
- Not investment advice.
Confirmed by 3 independent outlets: CNBC, Nikkei Asia and NHK.
What would move the score
- Now: 96% with 3 independent confirmations plus the primary source.
- Up: more independent outlets or primary records confirming the core claim.
- Down: a counted source correcting or walking back its report, or new evidence that weakens the claim.
Any change is logged below with the time and the old and new score. Corrections policy
Confirmation record
Plus the primary source: the Bank of Japan’s policy statement.| ✓ | CNBC Counted https://www.cnbc.com/2026/10/30/boj-inflation-target-rates.html |
| ✓ | Nikkei Asia Counted https://asia.nikkei.com/economy/bank-of-japan/boj-says-2-inflation-target-achieved-holds-rates-steady |
| ✓ | NHK Counted https://news.web.nhk/newsweb/na/nd-20261030de68221 |
| · | Primary source Plus the primary source: the Bank of Japan’s policy statement. https://www.boj.or.jp/en/ |
Updated / Corrected log
- Published at 96% with 3 independent confirmations.
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