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An upward revision in BOJ inflation forecasts unlikely to trigger immediate rate rise

An upward revision in BOJ inflation forecasts unlikely to trigger immediate rate rise

Headlines via Reuters, citing unnamed sources:

  • BOJ increasingly focused on core-core CPI in gauging price trend
  • BOJ likely to raise fiscal 2022, 2023 forecasts for core-core CPI in new quarterly projections
  • upward revision in BOJ's price forecasts unlikely to trigger an immediate interest rate rise
  • BOJ may also slightly revise up core-core cpi forecast for fiscal 2024, depending on wage prospects

The upgrades to the inflation outlook would push... Read More

Posted: Jan 5 2023, 03:07
Author Name: forexlive
Views: 111734

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