Mmastodon BusinessBusiness first seen 7 h ago, last 2 h ago, peak #6
Bank of Japan shifts policy focus to stopping inflation overshoot
Original: The Bank of Japan affirmed that its policy focus has shifted to preventing inflation from overshooting its target in a s
The Bank of Japan said its policy focus has shifted toward preventing inflation from overshooting its target, according to a summary of opinions from last month's policy meeting, at which authorities raised the policy rate. The statement signals growing confidence that decades of weak price growth are over, and that officials are now more worried about prices rising too fast than too slowly.
Why now: The Bank of Japan is signaling a notable shift in monetary policy priorities following a rate hike.
Rank over time, top of the chart is #1. 6 snapshots from 7 h ago to 2 h ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/584075