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BOJ is likely to consider raising their consumer inflation projection to around 2.5%

In summary:Bank of Japan officials meeting this week will probably consider a sharp increase to their inflation forecast for this fiscal year, while also discussing concerns about whether the upward trajectory is sustainableBOJ policy board is likely to mull raising the consumer inflation projection to around 2.5% for the year ending in March, up from 1.8% in the April estimateexpect projections for the following fiscal years to be largely unchanged to reflect a lack of confidence the bank can a... Read More

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Posted: Jul 24 2023, 22:09

Author Name: forexlive

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