The BOJ is set to declare victory on its near 14-year 2% inflation fight and signal another hike as soon as December, per Reuters, while holding at 1.25% Friday. That is a hawkish shift from the last

What happened: The Bank of Japan is expected to declare its nearly 14-year effort to reach 2% inflation successful while holding interest rates unchanged. Key numbers: Rates unchanged at 1.25%; inflation target 2%; nearly 14 years of easing; possible tightening in December. Why it matters: With wage growth and inflation expectations strengthening, policymakers may signal further tightening as they weigh persistent price pressures against growth and financial stability.

The Bank of Japan is expected to declare its nearly 14-year effort to reach 2% inflation successful while holding interest rates unchanged.

With wage growth and inflation expectations strengthening, policymakers may signal further tightening as they weigh persistent price pressures against growth and financial stability.