Bank of Japan October meeting summary: one member said next year’s annual wage negotiations warrant attention. Another said wage growth is unlikely to rise materially next year and the risk of second-round effects is low. A third member said that as underlying inflation gradually converges toward the price target, additional rate hikes would be appropriate.

2026-11-10

Bank of Japan October meeting summary: one member said next year’s annual wage negotiations warrant attention. Another said wage growth is unlikely to rise materially next year and the risk of second-round effects is low. A third member said that as underlying inflation gradually converges toward the price target, additional rate hikes would be appropriate.