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Bank of Japan confirms inflation target met, holds rates at 1.25% amid rising wages and inflation.

Market News
30 Oct 2026, 06:16 WIB
CNBC
View Source
Neutral
Bank of Japan confirms inflation target met, holds rates at 1.25% amid rising wages and inflation.

The Bank of Japan announced that Japan's inflation has reached its 2% target for the first time since 2013, maintaining its policy rate at 1.25%, the highest since 1995. This decision reflects ongoing inflation driven by rising wages and energy prices, despite government subsidies moderating consumer prices. Economists expect further rate hikes, potentially reaching 1.75% to 2% by mid-2027, as inflation and wages continue to rise. The central bank's stance signals a shift toward sustained inflation and tighter monetary policy ahead.

The Bank of Japan's rate decision is the subject here, with Pluang's Financials sector providing market context. Of 142 priced US Financial stocks on Pluang, 102 rose and 40 fell. Notable movers include PURR at USD 11.30 (+13.34%), HUT at USD 61.89 (-10.90%), and GLXY at USD 17.10 (-10.42%). This snapshot is as of Oct 30, 2026 09:01 WIB.

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