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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