The Bank of Japan's official inflation target is about 2%.
October 21, 2025
high
temporal
Central banks commonly set an explicit inflation target to guide monetary policy.
A relatively weak Japanese yen can hinder the Bank of Japan's efforts to curb inflation by raising import costs and sustaining higher domestic price pressures.
October 21, 2025
high
temporal
Movements in a country's currency affect import prices and thus inflation dynamics that monetary policy must address.