Japanese central bank to pick up pace of ETF sales; raises 2027 inflation forecast The Bank of Japan wrapped up a two-day policy meeting on Oct. 30, with the outcome closely watched by markets. (Photo by Rie Ishi) TOKYO -- The Bank of Japan held its benchmark interest rate at 1.25% on Friday and raised its inflation outlook for 2027, while saying underlying inflation is at a level generally consistent with its 2% price stability target.
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