# Japan nears 2% inflation target, but households struggle - CGTN

> The Bank of Japan kept its policy rate unchanged at 1.25% on October 30, voting 8-1, and said underlying inflation has reached a level generally consistent with its 2% target. Households still face weak purchasing power and rising living costs.

- Date: 2026-11-01 · published 2026-11-01T12:09:02.090Z
- Category: macro · region Japan · magnitude low
- Page: https://feedsoft.ai/events/8895-japan-nears-2-inflation-target-but-households-struggle-cgtn
- Commodities: [Japanese Yen (JPY per USD)](https://feedsoft.ai/c/USDJPY.md)

## Why it matters

Japan's policy stance affects yen strength and Japanese import demand for feed and food commodities, though the direct effect on feed grain prices is limited.

## Read by commodity

- USDJPY: neutral

## Sources

- news.cgtn.com: https://news.cgtn.com/news/2026-11-01/Japan-nears-2-inflation-target-but-households-struggle-1RIkOoqeZP2/p.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.