BoJ may concede inflation could fall short of its target in this month's meeting - Reuters

Dhwani Mehta FXStreet

Reuters quoted unnamed sources, as saying that the Bank of Japan (BoJ) may concede inflation could fall short of its target for up to three more years at its July 30-31 meeting.

Additional Headlines:

The view may emerge from the BoJ's meeting on 30 to 31 July later this month.

BoJ may also point to structural factors that may weigh on inflation for years.

BoJ will consider cutting not its price forecasts up until fiscal year ending March 2021.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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