Sources: BoJ to maintain inflation forecast in quarterly review due next week – Reuters
|Reuters quoted sources familiar with the Bank of Japan’s (BoJ) thinking, citing that the Japanese central bank will reiterate its view that inflation will reach its 2 percent target during the next fiscal year and stay near that level the following year when it published its new forecasts next week.
One of the sources said: “The economy is sustaining momentum for inflation to reach 2 percent. But the pick-up in inflation remains modest.”
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