BOJ to Decide at Next Week's Meeting Whether Inflation Has Hit 2% Target

The Bank of Japan will decide at next week's policy meeting whether core inflation has reached its 2% target, according to sources close to the matter cited on Wednesday.

According to the sources, that assessment will serve as the basis for the BOJ to weigh its next steps in monetary policy, as central bank officials closely monitor price developments and the economic outlook.

The policy meeting is scheduled for next week, and the decision on whether core inflation has met the 2% target is seen as a key item on the agenda.