{"id":675500,"date":"2026-11-05T07:24:57","date_gmt":"2026-11-05T07:24:57","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/675500\/"},"modified":"2026-11-05T07:24:57","modified_gmt":"2026-11-05T07:24:57","slug":"bank-of-japans-2-inflation-target-victory-fails-to-impress","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/675500\/","title":{"rendered":"Bank of Japan\u2019s 2% inflation-target victory fails to impress"},"content":{"rendered":"<p>The Bank of Japan\u2019s declaration last week that its 2% inflation target has finally and definitely been met was greeted with muted celebration and a modicum of skepticism.<\/p>\n<p>Despite years of waiting, the market took the announcement in stride and focused on what crossing that threshold really means.<\/p>\n<p>\u201cIt\u2019s not like that alone will act as a tailwind for the Japanese economy,\u201d said Yuichi Kodama, chief economist at Meiji Yasuda Research Institute. \u201cThe focus from now on will be whether the BOJ can keep 2% inflation in a stable manner and whether wage growth will catch up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Bank of Japan\u2019s declaration last week that its 2% inflation target has finally and definitely been met&hellip;\n","protected":false},"author":2,"featured_media":675501,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[13601,72,5466,113,61,60,8672,33060,13248,22122],"class_list":["post-675500","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-boj","tag-business","tag-economic-indicators","tag-economy","tag-ie","tag-ireland","tag-japanese-economy","tag-kazuo-ueda","tag-negative-interest-rates","tag-wages"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/675500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=675500"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/675500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/675501"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=675500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=675500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=675500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}