Bank of Japan to keep policy on hold, offer upbeat inflation view - Reuters
|Bank of Japan (BOJ) is seen keeping interest rates unchanged next week and could revise growth forecasts while maintaining upbeat price forecasts.
Key points (Source: Reuters)
- Kuroda may struggle to convince markets easy policy intact.
- The BOJ is seen slightly raising its growth forecast for the fiscal year beginning in April from a projection of 1.4 percent made three months ago, according to sources.
- The bank is will stick to its view that inflation will hit 2 percent by March 2020.
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