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Sources: Bank of Japan to Consider Raising Inflation Expectations at July Meeting
Summary: According to sources familiar with the Bank of Japan's thinking, the central bank will consider raising its inflation forecast for the current fiscal year this month, reflecting the continued rise in rice and broader food prices. However, sources indicate that the Bank of Japan is expected to roughly maintain its inflation expectations for the fiscal ...
According to sources familiar with the Bank of Japan's thinking, the central bank will consider raising its inflation forecast for the current fiscal year this month, reflecting the continued rise in rice and broader food prices. However, sources indicate that the Bank of Japan is expected to roughly maintain its inflation expectations for the fiscal years 2026 and 2027, signaling a pause in rate hikes as it awaits clearer information on how U.S. tariffs will impact the economy.
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Link: Sources: Bank of Japan to Consider Raising Inflation Expectations at July Meeting [Copy]
