Interest Rate Hike: The Bank of Japan raised interest rates from 0.50% to 0.75%, the highest since 1995, marking the second increase this year as part of a shift from its ultra-loose monetary policy.
Economic Outlook: The BoJ expects continued wage growth and positive corporate earnings through 2026, while maintaining that monetary policy remains stimulative due to negative real interest rates.
Inflation Trends: Japan's headline inflation decreased slightly to 2.9% in November, remaining above the BoJ's target for the 44th month, with core inflation steady at 3%.
Market Reactions: Following the rate hike, the Nikkei 225 Index rose by 1.5%, while the Japanese yen weakened to around 156 per dollar, with attention on Governor Kazuo Ueda's comments regarding future rate hikes.
Wall Street analysts forecast DXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast DXJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DXJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 154.070
Low
Averages
High
Current: 154.070
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
