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Shoki Omori, chief Japanese fixed income strategist at Deutsche Securities: The Bank of Japan changed its policy target by determining that potential inflation has reached 2%: it is no longer a central bank committed to achieving inflation targets, but a central bank trying to prevent inflation from getting out of control. This means that the central bank's response function has changed, and the market should set prices accordingly. The 8-1 vote further confirmed this.

Zhitongcaijing·10/30/2026 04:09:06
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Shoki Omori, chief Japanese fixed income strategist at Deutsche Securities: The Bank of Japan changed its policy target by determining that potential inflation has reached 2%: it is no longer a central bank committed to achieving inflation targets, but a central bank trying to prevent inflation from getting out of control. This means that the central bank's response function has changed, and the market should set prices accordingly. The 8-1 vote further confirmed this.