Toru Fujioka

Higher inflationary expectations and price tolerance are taking root in Japan, a development that supports the central bank's moves to normalize policy and raise interest rates further.

Gov. Kazuo Ueda and his fellow board members are set to keep the short-term rate around 0% to 0.1% at the end of their two-day policy meeting, after the central bank called time on its massive monetary easing program last month, according to all but one of 53 surveyed economists.

Governor Kazuo Ueda reiterated the Bank of Japan's intention to raise its benchmark interest rate if underlying inflation rises toward its 2% target, in remarks that appeared carefully tuned to avoid fueling further yen weakness after the currency hit a fresh 34-year low versus the dollar.

(Bloomberg) -- The Bank of Japan is forecast to keep its interest rate settings unchanged Friday, with the yen's plunge this week to a fresh 34-year

(Bloomberg) -- Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a “knee-jerk reaction” in foreign exchange markets Friday morning just hours ahead of the Bank of Japan's policy decision.

The Bank of Japan held its interest rate settings steady after a two-day meeting that took place after the yen hit a fresh 34-year low earlier this week.

(Bloomberg) -- The Bank of Japan held its interest rate settings steady and simplified its language on bond-buying at a two-day meeting that took place after the yen hit a fresh 34-year low this week.

(Bloomberg) -- The Bank of Japan held interest rates steady and simplified its language on bond-buying and policy, an outcome that pushed the yen down to a fresh 34-year low and stirred up market jitters.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingHuawei’s New Phone Runs Latest Version of Made-in-China ChipMalaysia in Talks With T

El Banco de Japón mantuvo estables las tasas de interés y simplificó su lenguaje sobre la compra de bonos y la política monetaria, un resultado que empujó al yen a un nuevo mínimo de 34 años y despertó el nerviosismo de los mercados.